Oil prices dip after unexpected rise in US crude stocks

Oil prices dip after unexpected rise in US crude stocks

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Oil prices inched lower on Wednesday after industry data showed an unexpected rise in stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data. futures eased 27 cents, or 0.4%, to $74.01 a barrel by 0019 GMT. U.S. West Texas Intermediate…

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