Oil drops amid worries over global growth outlook | the latest information



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Oil prices fell on Monday (July 29th) as investors worried about prospects for global economic growth, while weekend talks between Iran and the major powers were overall positive, signaling a easing tensions in the Middle East.

World Brent crude fell 0.6%, or 36 cents, to $ 63.1 a barrel, while the price of US crude fell 0.4%, or 21 cents, to $ 56 a barrel.

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