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Brent crude settles lower as U.S. oil inventories rise
NEW YORK |
NEW YORK Jan 9 (Reuters) - Brent crude futures edged lower on Wednesday in choppy trading, as rising U.S. oil inventories and increasing U.S. crude oil production applied pressure.
Brent February crude fell 18 cents, or 0.16 percent, to settle at $111.76 a barrel, having traded from $111.11 and $112.23. (Reporting by Robert Gibbons)
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