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Oil prices fall to near $77 a barrel

Oil prices dipped to near $77 a barrel today after a report showed U.S. crude supplies unexpectedly rose last week, suggesting demand remains weak. By early afternoon in Europe, benchmark crude for September delivery was down 27 cents to $77.23 a barrel in electronic trading on the New York Mercantile Exchange. Crude inventories jumped 3.1 million barrels last week, the ...

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