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Crude oil falls 9.6% over 2 months; PSF drops 2% in China, 6% in India

WTI crude oil prices have decreased by *.** per cent over the last two months, reaching $**.** per barrel in the final week of August ****. Prices have declined in six of the past eight weeks. Starting at $**.** per barrel in the first week of July, prices eased by *.** per cent to $**.** per barrel in the second week, fell by *.** per cent to $**.** per barrel in the third week, and dropped by *.** per cent to $**.** per barrel in the fourth week of July ****, according to an analysis of price data from Fibre2Fashion&#**;s market insight tool TexPro.

This downward trend continued into August, with prices slipping a further *.** per cent to $**.** per barrel in the first week. Prices then rebounded by *.** per cent to $**.** per barrel in the second week, before falling again by *.** per cent to $**.** per barrel in the third week. Finally, prices rose *.** per cent to $**.** per barrel in the last week of August.