Oil prices stabilize in global markets

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Oil prices stabilize in global markets

Oil costs settled on Wednesday, in the wake of ascending in the past two meetings, as financial backers anticipated a normal loan fee cut by the Central bank (the US national bank), with the market upheld by the chance of more viciousness in the Center East.

By 00:53 GMT, Brent crude futures for November delivery had dropped 3 cents to $73.67 a barrel.

The price of a barrel of US crude for delivery in October fell by 11 cents, or 0.2%, to $71.08.