NEW YORK: Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude stockpiles and focused instead on government data that showed Americans still have little appetite for more petroleum.
Benchmark crude for November delivery lost $1.31 to settle at $69.57 on the New York Mercantile Exchange. In London, Brent crude gave up $1.36 to settle at $67.20 on the ICE Futures exchange.
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