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Oil sags ahead of US crude stockpiles report
Source: Geo News | 26-06-2013

SINGAPORE: Oil prices slipped in Asian trade Wednesday as investors await the release of a weekly US stockpiles report, looking for clues about demand in the world's biggest crude consumer, analysts said.

New York's main contract, West Texas Intermediate light sweet crude for

delivery in August, was down 74 cents at $94.58 a barrel and Brent North Sea crude for August shed 47 cents to $100.79 in afternoon trade.


AFP

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