OIL FALLS AFTER SURPRISE RISE IN U.S. CRUDE INVENTORIES….LIVE NEWS UPDATE BY MOONCOMMODITY.COM

LIVE NEWS HIGHLIGHT !!!!!!!

Oil prices fell on Wednesday after an industry group reported a rise in U.S. crude inventories against expectations for a decline, adding to worries about demand that led to a steep selloff earlier in the week.

Brent crude (LCOc1) was trading down 21 cents, or 0.5%, at $41.51 a barrel by 0055 GMT, after gaining 28 cents on Tuesday, while U.S. crude (CLc1) slipped 23 cents, or 0.6, to $39.57.

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