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Brent Crude Slips Below $89 as Inventories Rise
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Oil prices eased below $89 a barrel after U.
Brent crude futures fell 0.8% to below $89 per barrel amid higher U.S. inventories and India’s diversification of energy imports. Traders cited stronger dollar positioning and easing demand in Europe as drivers of the pullback. Analysts expect crude to trade in the $86–$91 range near term, with OPEC+ monitoring volatility ahead of next month’s policy meeting.