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Oil prices fell

2019-12-18T07:38:17.816Z


New York-SANA, Oil prices fell today after US data showed surprising growth in crude stocks, while


New York-SANA

Oil prices fell today after US data showed a surprising growth in crude stocks, while expectations of stronger demand in the next year prevented a further drop in prices.

Reuters reported that Brent crude futures fell 33 cents, or 0.5 percent to $ 65.77 a barrel, and US West Texas Intermediate crude fell 43 cents, or 71.7 percent, to $ 60.51 a barrel.

The American Petroleum Institute data showed that American crude stocks increased by 4.7 million barrels in the week ending December 13 to reach 452 million, compared to analysts' expectations for a decline of 1.3 million barrels.

Source: sena

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