Oil prices tumble amid uncertainty over implementation of OPEC deal

Due to pressure from high global inventories and doubts about OPEC’s ability to implement agreed production cuts, oil prices dropped to six-week lows on Thursday.

Brent crude oil fell 30 cents to $46.70 a barrel, its weakest since May 5 and just above six-month lows.

It, however, recovered a little to trade around $46.90, according to Reuters.

United States’ light crude was down 25 cents at $44.48, also not far off six-month lows, the news agency added.

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