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Oil prices fell in global markets today, with an increase in Covid-19 infections in China affecting the outlook for oil demand.
Reuters reported that Brent crude futures for February delivery fell 96 cents, or 1.15 percent, to $82.30 a barrel, and the most active March delivery contracts fell 1.2 percent to $82.98 a barrel.
US West Texas Intermediate crude fell $1.13, or 1.43 percent, to $77.83 a barrel, and US crude oil inventories fell less than expected by about 1.3 million barrels.
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