U.S. light crude inched down 15 cents to $70.94.
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Oil Eased a Bit
Oil prices slid on Tuesday but remain above $72 as expected crude stock drawdowns in the United States
Oil prices slid on Tuesday but remain above $72 as expected crude stock drawdowns in the United States spark concerns over supply tightness in the world's largest energy consumer.
London Brent crude presently a better reflection of the global crude oil market, traded 13 cents lower at $72.50 a barrel by 0230 GMT, after hitting $72.77 in the previous session, the highest since August.
U.S. light crude inched down 15 cents to $70.94.
U.S. light crude inched down 15 cents to $70.94.
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