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Oil drops as US stockpiles lift on imports

2016-03-24 14:37:29| Oil & Gas - Topix.net

Brent for May settlement fell $US1.07, or 2.6 per cent, to $US40.72 a barrel on the London-based ICE Futures Europe exchange. Oil extended declines after a US government report showed crude supplies climbed to the highest level in more than eight decades as imports surged.

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