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Oil prices declined in early Asian trading on Monday, giving up gains from last week, as loading operations resumed at Russia’s main export hub in Novorossiysk after a two-day halt at the Black Sea port, which was targeted in a Ukrainian attack.
Brent crude futures fell by 58 cents, or 0.9 percent, to $63.81 per barrel at 0050 GMT. West Texas Intermediate crude futures traded at $59.50 per barrel, down 59 cents, or 1.0 percent, from Friday’s close.
