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Oil prices are declining due to uncertainty over US tariffs and an expected increase in supply from major oil-producing countries. The Brent futures contract fell 21 cents, or 0.3%, to $68.90 a barrel, while the West Texas Intermediate futures contract dropped 17 cents, or 0.3%, to $67.27 a barrel. The OPEC+ group is set to agree on a 411,000-barrel-per-day increase in production during a meeting this weekend.

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