Oil futures near to one-week low on U.S. stockpiles

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Source: Bloomberg
© Scanpic/Reuters

Oil futures for December settlement were 16 cents up to $85.54 a barrel in Asia trading session on Wednesday. Oil price almost reached the lowest point in one week, due to market expectations that U.S. stockpiles will be increased by 377.3 million barrel in last week. That would be the highest stock level since July.

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