Oil Prices Fall; China Orders State-owned Oil Companies to Stop Buying Iranian Oil

Oil prices fell on Friday as China ordered at least two state-owned oil companies to stop buying Iranian oil.

Crude Oil WTI Futures for December delivery fell 0.8% to $66.77 per barrel by 12:13 AM ET (04:13 GMT) on the New York Mercantile Exchange. Brent Oil Futures for December delivery traded 0.6% lower to $76.47 a barrel on London’s Intercontinental Exchange.

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