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Oil prices fall ahead of U.S. crude stocks data

Reuters  |  SEOUL 

By Jane ChungSEOUL (Reuters) - Oil prices fell on Tuesday ahead of U.S. crude inventories data, as the market weighed the impact of rising U.S. crude output versus last week's deal between OPEC and other crude producers to extend output curbs.International benchmark Brent crude futures were trading down 25 cents, or 0.4 percent, at $62.20 per barrel by 0759 GMT.U.S. West Texas Intermediate (WTI) crude futures were down 20 cents, or 0.4 percent, at $57.27 a barrel.The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers last week rolled over their agreement to cut ...

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First Published: Tue, December 05 2017. 13:38 IST