Oil Prices Pressured amid Worries on OPEC's Increase in Production, Ease in Supply Concerns due to Iran Sanctions

Commodity markets remained under pressure in the European session. Although the decline of crude oil stabilized with front-month contract for WTI crude oil recovered after falling to a new 10-month low, the downside risks remained.

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Oil Prices Pressured amid Worries on OPEC's Increase in Production, Ease in Supply Concerns due to Iran Sanctions