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UK petrol prices poised to fall further as oil production may be ramped up

Global oil prices tumble after reports that Opec may increase output despite weaker demand for fossil fuelsGlobal oil prices have tumbled by more than $1 a barrel in a sign that pressure on hard-pressed households at the petrol pumps could ease further.The price of Brent crude fell to $63.86 a barrel on Thursday after reports that the Opec oil cartel and its allies may increase their production for July despite weaker global demand for fossil fuels. Continue reading...

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