Oil extends decline as supply disruption fears recede
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LONDON (Reuters) - Oil prices slid towards $64 a barrel on Tuesday, extending four straight days of declines due to easing concerns of possible supply disruptions as a result of tensions in the Middle East.Brent crude was down 11 cents, or 0.19%, at $64.08 per barrel by 0916 GMT. U.S. West Texas Intermediate crude futures were down 22 cents or 0.4% at $57.86 a barrel. The benchmarks lost about 5% and 6%, respectively, last week.The recent declines followed investors unwinding bullish positions..