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Oil Prices Drop, Brent Hits $ 57.54 A barrel

Dubai – (Massader News)

Oil prices fell on Thursday, following the announcement of a rise in US gasoline inventories last week, and the price of Brent crude oil futures fell by 0.6% to 57.54 dollars per barrel, according to a report published by Mubasher.

The US Energy Information Administration announced yesterday, gasoline inventories rose by 1.1 million barrels in the same period.

Nymex crude futures fell by 0.4% to $ 51.94 a barrel, according to Mubasher.

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