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Falling US crude inventories helped oil prices gain some more today. Brent crude futures LCOc1 jumped 0.4%, trading at $79.34 per barrel, just shy of the $80/barrel mark. US West Texas Intermediate (WTI) crude futures CLc1 rose by 0.9%, trading at $69.84 per barrel. Reports coming from the American Petroleum Institute (API) showed a decline of 8.6 million barrels in the U.S. crude stocks in the week to Sept. 7.
