Oil still sliding

Oil still sliding

SINGAPORE – Oil prices fell for a fourth day yesterday to the lowest in nearly eight weeks after US data reminded traders that crude stocks are relatively robust and the summer driving season is nearing its end.

US light, sweet crude for September delivery fell 61 cents to US$71,28 a barrel, its lowest since June 26. London Brent was down 62 cents to US$72,21 a barrel.Nampa-ReutersLondon Brent was down 62 cents to US$72,21 a barrel.Nampa-Reuters

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