Oil prices fall as U.S. crude production hits another record

By Henning Gloystein SINGAPORE (Reuters) - Oil prices eased on Thursday, dragged down by rising output, although strong demand and a drop in U.S. fuel inventories provided the market with some support. Brent crude futures , the international benchmark for oil prices, were at $76.46 per barrel at 0046 GMT, down 28 cents, or 0.4 percent, from their last close

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By: Firstpost - 6 days ago

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