Oil slows down in Asia after strong week @WWW.MCXRESEARCHGURU.COM 8859222859

Oil prices slowed their advance on Friday morning trade in Asia, reacting to the prospect of high inventories and more efficient production.

The U.S. West Texas Intermediate crude August contract dropped 0.20% to $45.99 a barrel. Elsewhere, on the ICE Futures Exchange in London, Brent oil for September delivery was last quoted down 0.14% to $48.35 a barrel.

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