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Oil prices registered their lowest levels today, Tuesday, since early May amid expectations of oversupply due to trade tensions between the United States and China, raising concerns over economic slowdown and weakened energy demand.
As a result, Brent crude futures fell by 28 cents, or 0.46 percent, settling at $61.01 per barrel.
Meanwhile, West Texas Intermediate crude futures closed down by two cents, or 0.03 percent, to record $57.52.
