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...“Since the start of sanctions on Russia, the government and companies have been preparing for some kind of downturn,” said Mitchell Jennings, industry analyst at Sova Capital in Moscow....
...The cost of Brent crude fell after the announcement by Tripoli, reversing earlier gains that pushed the global benchmark to near a 2½-year high of $117.29 a barrel in London....
...ICE September Brent rose 25 cents to $76.62. News on the balance of oil demand and supply was mixed. BP over the weekend said a containment cap was holding back oil from its Macondo well leak....
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