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Oil Prices Fall as Dollar Strength and Demand Fears Offset OPEC+ Pause
Crude oil drops ~0.
Global oil futures slipped today: Brent crude fell ~0.7% to US$64.44 a barrel and U.S. West Texas Intermediate (WTI) fell ~0.8% to US$60.56. A stronger dollar and soft manufacturing data from Asia are weighing on demand outlooks, even though the OPEC+ group paused output hikes for early 2026. Traders said the combination of glutted supply expectations and elevated currency strength has dampened enthusiasm for crude.