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Oil prices drop as US inventories gain

2014-12-25 08:26 Xinhua Web Editor: Qin Dexing
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Oil prices lost Wednesday as government report showed that U.S. crude supplies increased more than expected.

Light, sweet crude for February delivery lost 1.28 U.S. dollars to settle at 55.84 U.S. dollars a barrel on the New York Mercantile Exchange.

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