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NEW YORK (Dow Jones)--Crude futures dropped to a near one-month low Thursday following a surprise build in U.S. oil inventories and concerns over continued weak demand. Light, sweet crude for December delivery settled $2.34, or 3.0%, lower at $76.94 a barrel on the New York Mercantile Exchange. This was the lowest settlement since Oct. 14. Brent crude on the ICE futures exchange settled $1.93, or 2.5% lower, at $76.02 a barrel.
Full Story: OIL FUTURES:Oil Near 1-Month Low On US Stock Build, Weak Demand - Wall Street Journal
NEW YORK (Dow Jones)--Crude futures dropped to a near one-month low Thursday following a surprise build in U.S. oil inventories and concerns over continued weak demand. Light, sweet crude for December delivery settled $2.34, or 3.0%, lower at $76.94 a barrel on the New York Mercantile Exchange. This was the lowest settlement since Oct. 14. Brent crude on the ICE futures exchange settled $1.93, or 2.5% lower, at $76.02 a barrel.
Full Story: OIL FUTURES:Oil Near 1-Month Low On US Stock Build, Weak Demand - Wall Street Journal
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