Oil prices fell on Thursday, weighed down by data showing a smaller-than-expecte...
LONDON - Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.
U.S. West Texas Intermediate crude futures CLc1 were down 47 cents or 0.82% at $56.87 per barrel. WTI closed up 1.9% on Wednesday. “Also providing headwinds were signs of a recovery in oil exports from Venezuela in June and growth in Argentinian output in May,” it added.
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