Oil prices fell about 4 percent today, and their losses accelerated after US government data showed a sudden increase in crude and gasoline stocks last week.
Reuters reported that the international benchmark Brent crude contracts expired to the nearest maturity of the trading session, as low as $3.76, or 3.7 percent, to settle at $96.78 a barrel.
US West Texas Intermediate crude contracts fell $3.76, or 4 percent, to close at $90.66 a barrel.
Both benchmarks fluctuated between ups and downs earlier in the session.
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