Melbourne — Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on the summer driving season in the US and Europe offset concerns about demand in India and a potential supply increase from Iran.
Brent crude fell 44 US cents, or 0.6%, to $68.43 a barrel at 2.20am GMT, erasing Wednesday’s gain of 22c. Brent has traded between $68 and $69 for most of this week...
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