Oil prices slip after Iran-fuelled rally

April 7, 2015 10:51 AM

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LONDON: Oil prices fell Tuesday, with profit-taking in evidence a day after the market rallied on doubts over an agreement with Iran over the crude producer's nuclear programme, traders said.

US benchmark West Texas Intermediate (WTI) for delivery in May dropped 64 cents to $51.50 a barrel compared with Monday's close.

Also read: Iran says Europe's proposals not enough to save nuclear deal: IRNA

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