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Oil prices stumble over strong US stockpiles
Nov. 28, 2019
Source: Reuters

Oil prices stumble over strong US stockpiles

After US crude and gasoline stocks rose against expectations, oil prices declined on Thursday. Brent fell down by 0.3% and was traded at $63.88 a barrel. WTI decreased by 0.4% and was traded at $57.87 a barrel. According to the EIA, US stockpiles touched 1.6 million barrels last week as the production touched record heights.

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