Oil Prices Fall As Us Crude Production Hits Another Record

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SINGAPORE – Oil prices eased on Thursday, dragged down by rising output, although strong demand and a drop in U.S. fuel inventories provided the market with some support.

Brent crude futures LCOc1, the international benchmark for oil prices, were at $76.46 per barrel at 0046 GMT, down 28 cents, or 0.4 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $66.58 a barrel, down 6 cents from their last settlement.




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