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flag Oil prices fell Tuesday due to global oversupply concerns and a stronger dollar.

flag Crude oil prices dipped Tuesday as concerns grew over global oversupply, fueled by OPEC+’s decision to maintain current production levels despite rising output from non-OPEC nations. flag The stronger U.S. dollar also weighed on prices, making oil more expensive for holders of other currencies. flag Investors are watching for signs of demand shifts and potential policy changes ahead of upcoming energy market reports.

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