Oil drops while Yen advances on Swiss stocks outlook

Note: This section contains information in English only.
Source: Bloomberg
Oil declined after Iraq announced that it was producing a record number of crude, and Swiss stocks recovered from the weakest level in a year together with the strengthening Chinese currency. WTI crude fell 0.8% to $48.35 a barrel as of 10:40 a.m. London time, and crude declined almost 50% previous year.

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