Oil Falls Despite Supply Concerns

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Oil prices fell Tuesday, consolidating after last week’s gains despite lingering concerns about oil supplies in view of Iran’s nuclear ambitions and militant attacks in Nigeria.


Light sweet crude for March delivery fell 25 cents to $67.85 a barrel in afternoon trade on the New York Mercantile Exchange. March Brent crude slipped 10 cents to $66.06 a barrel on London’s ICE Futures exchange.


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