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Oil Prices Fall on Concerns Over Rising U.S. Production | Alga Processing
Oil stored at the delivery point for U.S. stocks increased by 1.3 million barrels Crude Oil: 50.73 barrel, Natural gas: 2.995/MMBtu, Gold: $1296.00 per troy oz News: Oil prices fell Thursday, as concerns that rising U.S. production will offset efforts to rebalance the market resurfaced. U.S. crude futures closed down 70 cents, or 1.4%, at $50.60 a …