NEW YORK :Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline.
Brentfutures were down 38 cents, or 0.6%, at $60.23 a barrel, while U.S. West Texas Intermediate crude fell 88 cents, or 1.6%, to $54.18.
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