CRUDE OIL NEWS UPDATES BY COMMODITYPADIT.COM::

CRUDE OIL NEWS UPDATES BY COMMODITYPADIT.COM::

Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth.

U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $69.91 per barrel at 0455 GMT, down 46 cents, or 0.7 percent, from their last settlement.

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