Crude oil futures corrected by around one dollar after hitting their highest levels in the current month yesterday. The commodity topped out above $90 per barrel and witnessed some profit selling today. Global stocks slipped as US Republican leaders abruptly canceled a planned vote and ensured that the modest gains in US equities yesterday do not have a lingering effect on stocks in Asia. The US dollar also came off its eight-month lows and had a sobering effect on the prices. The commodity quotes at $89.22 per barrel, down 91 cents per barrel as profit selling continues ahead of the weekend. Get Free
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