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Oil prices slipped on Wednesday after API data showed a surprise build in crude stockpiles. Brent crude futures LCOc1 dropped 0.52%, to $59.39 a barrel. US WTI crude futures CLc1 for December delivery dipped 0.79%, to $54.05 per barrel. While analysts were expecting a gain of 2.2 million barrels in U.S. crude stocks, API data showed a rise of 4.5 million barrels ramping stockpiles to 437 million barrels.