WTI crude moderately lower before U.S. inventories report

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Source: WBPonline
WTI crude dropped moderately, prolonging the previous two sessions of losses ahead of important U.S. stockpiles report release. The September WTI contract was almost steady, falling 0.20% to $106.35 per barrel and the North European benchmark Brent declined 0.07% to $108.60 per barrel. The American Petroleum Institute's weekly data is forecast to show another fall in U.S. oil and fuel inventories.

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