Brent falls as inventories decline in U.S.

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Source: Bloomberg
The European benchmark Brent crude declined on Monday after a report released by the Energy Information Administration showed that distillate fuels inventories in the U.S. dropped last week by 3.2 million barrels. Brent for March delivery lost as much as 33 cents to $107.55 per barrel on the London's ICE Futures Europe exchange.

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