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Oil with a fall in the Asian session amid expectations for growth in US stocks

Oil prices fell by more than 3% during the Asian session today as investors await new increase in inventories in the US today.

Oil for April’s deliveries fell by nearly 3 percent to $ 51.25 a barrel, having earlier touched $ 50.85 a barrel.

Brent for the April delivery fell $ 1.00 or 1.61 percent to $ 61.53 a barrel in Asian session.

In recent months the price of “black gold” fell headlong after OPEC refused to reduce supply, which is the sharpest decline for several decades.

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