28-07-2016 17:58 via uk.news.yahoo.com

Oil down 2 percent, hits three-month lows on reported Cushing build

By Barani Krishnan NEW YORK (Reuters) - Oil prices fell nearly 2 percent on Thursday, hitting three-month lows, after a fresh stock build at the delivery hub for U.S. crude futures added to concerns that producers were pumping more than needed.
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