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Oil prices declined on Wednesday as experts proved an increase in U.S. crude and fuel inventories, causing oversupply due to a possible second wave of the COVID-19 pandemic which has threatened to halt any recovery in demand. Brent crude futures were down 0.7% at $40.67 and U.S. West Texas Intermediate (WTI) slumped 1.1%, to $37.95 a barrel.
