Oil Prices Drop, Brent Hits $ 63.66 A barrel

Dubai – (Massader News)

Oil prices fell on Tuesday, and  Brent crude futures down by 0.3% to $ 63.66 a barrel, according to a report published by Mubasher.

The price of NYMEX crude futures fell by 0.4% to $ 57.74 a barrel.

Oil prices have been affected by TransCanada’s announcement this week that it will resume the operating of Keystone pipeline after obtaining approval from US regulators.

The company said last week it would cut oil shipments through Keystone pipeline, according to Mubasher.

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