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Oil down as US crude inventories fall

by UCapital24 MediaUCapital News newsroom1 min read
Oil down as US crude inventories fall

Brent crude oil was priced at USD67.37 a barrel on Thursday, down from USD68.69 on Wednesday.


West Texas Intermediate fell to USD64.70 a barrel from USD66.24.


Oil prices fell amid uncertainty over US tariffs, offsetting a drawdown in US crude oil stocks.


Official US crude oil inventories fell by 3.0 million barrels for the week that ended August 1 to 423.7 million barrels, the US Energy Information Administration reported on Wednesday.

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UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.

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