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Article Source: Emirates News Agency (WAM)

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Lukoil has until February 28 to sell the assets, the ⁠latest deadline set by the U.S. Treasury, which imposed sanctions on Lukoil and Rosneft last year to push Moscow ⁠to agree ‌a peace deal with Ukraine

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Brent crude ‌futures dropped 50 cents, or 0.74%, to $67.05 a barrel

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Global oil supply has increased faster than demand

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