July 5, 2014 9:01 AM

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Oil prices fall in the international market

Oil prices fell yesterday in the international market on eased concerns over supply disruptions.Crude prices began sliding on Wednesday after Libya's interim Prime Minister Abdullah Al-Thani declared that authorities had wrested control of export terminals from rebels.Meanwhile, concerns over a possible supply disruption due to Iraq's security crisis have also eased, as the ISIL militants have so far not yet directly threatened the key oil-producing region in the country's south.

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