Oil Prices Drop Further on Bets for Bearish U.S. Supply Data

 

An employee of Indonesian oil company Pertamina walks on the top of drums at the oil storage depot in Jakarta in this September 1, 2005 file photo. REUTERS/Beawiharta/Files

 

Oil prices fell further on Wednesday, extending sharp losses from the previous session amid speculation weekly supply data due later in the day will show a large increase in U.S. crude inventories.

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