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Crude oil prices have fallen sharply to a 10-month low.
Crude oil prices fell after the Organization of the Petroleum Exporting Countries (OPEC) meeting on December 4 announced that increasing crude oil production by up to 5 lakh barrels per day would be considered.
Brent crude for January was down $1.41 at $86.21 a barrel.
US West Texas Intermediate crude fell to $78.39 for December delivery.