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Global Oil Prices Fall Nearly 2% After Reaching Record Highs

Global crude oil prices fell by nearly 2% after reaching their highest levels in almost six months. Brent crude decreased by 1.1% to $115.41 per barrel, while West Texas Intermediate crude dropped by 1.6% to $101.62 per barrel. This decline follows a recent surge in prices, indicating a potential shift in market dynamics. The fluctuations in oil prices are closely monitored due to their impact on global economies and energy markets.

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