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Oil prices fall on growing U.S. supply

Oil prices dropped Wednesday after the government said U.S. supplies grew more than expected last week. Benchmark West Texas Intermediate crude fell $1.42 to $102.78 per barrel in New York, while Brent crude lost $1.88 to $116.90 per barrel in London. The Energy Information Administration reported that U.S. crude oil supplies grew by 3.9 million… Continue Reading Oil prices fall on growing U.S. supply