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Oil prices fell in early Asian trading today, after falling more than $1 a barrel in the previous session, as industry data indicated a much larger-than-expected build in US crude inventories.
Reuters reported that Brent crude futures fell 20 cents to $85.38 a barrel, while West Texas Intermediate crude futures fell 19 cents to $78.87.
US crude stocks rose by about 10.5 million barrels in the week ending in February, according to market sources, quoting figures from the American Petroleum Institute yesterday.
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