Oil Prices Dropped

Oil prices fellon Tuesday, June 5th, as Middle East cyclone fears eased.

Concerns over gasoline supply in the United States kept crude above the $70 mark.

London Brent crude shed a cent to $70.39 a barrel by 0327 GMT, after climbing $1.33 on Monday on concerns the storm could disrupt shipping and output in the Middle East.

U.S. light crude fell 18 cents to $66.03 a barrel. -Neftegaz.ru

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