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Oil Falling Fast On Possible Russia Deal

Sep 10, 2013, 17:23 IST

A Russian proposal to get Syria to cede control of its chemical weapons is about to be enshrined in a French-sponsored U.N. resolution, and oil prices are falling fast on the news.

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Brent was off -1.27%, while NYMEX-traded WTI was down -1.59%.

Here's the Brent chart:

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