Oil Prices Stabilize .. Brent Hits $ 49.67 A barrel

Dubai – (Massader News )

Oil prices held steady on Thursday, with Brent crude futures trading at $ 49.67 a barrel, while US crude oil futures dropped to $ 47.09 a barrel.

US Energy Information Administration data showed US crude inventories fell 4.7 million barrels over the week ending July 14.

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