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Oil prices fell on rising U.S. crude inventories

7782745477898_3413701137165Oil prices fell Wednesday after reports showed increasing U.S. crude inventories, triggering worries for continued global crude over-supply.

The West Texas Intermediate for March Delivery erased 0.43 dollars to settle at 52.75 dollars a barrel on the New York Mercantile Exchange, while Brent crude for March delivery decreased 0.36 dollars to close at 55.08 dollars a barrel on the London ICE Futures Exchange. Enditem

Source: https://www.newsghana.com.gh/oil-prices-fell-on-rising-u-s-crude-inventories/

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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