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Oil continues losses as US fuel inventories rise

[09/01/2025 01:34]

SINGAPORE-SABA
Oil prices suffered losses on Thursday, extending losses that began the previous day, amid a significant rise in US fuel inventories last week.

Brent crude futures were down 28 cents, or 0.4 percent, at $75.88 a barrel by 0125 GMT.

U.S. West Texas Intermediate crude futures fell 30 cents, or 0.4 percent, to $73.02.