Oil prices fall as robust U.S. production counters OPEC’s constraint; Iran sanctions to kick in

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Oil prices fall as robust U.S. production counters OPEC’s constraint; Iran sanctions to kick in
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U.S. oil prices fell in Thursday action, as energy markets await potential next moves from OPEC as U.S. sanctions against Iran officially kick in and as a jump in domestic supplies, reflecting record U.S. crude production, continues to keep prices in check.

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