Crude falls on Russia's bid to urge Syria to surrender chemical weapons

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Source: Bloomberg
WTI declined for a second straight day as the U.S. claimed that Russia's bid to force Syria to surrender the chemical weapons might averts military actions, alleviating concerns that the conflict will undermine Middle East oil exports. WTI for October settlement fell $1.32 to $108.20 a barrel, while Brent for October delivery dropped 1% to $112.61 a barrel.

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