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Brent Crude falls below $85 again after US stock piles unexpectedly increase

A short while ago the latest US weekly crude oil inventory data was released. The markets were expecting a draw of around 3 million barrels, but the data has revealed an even larger build in stockpiles. Weekly US crude stock piles rose by 3.59 million barrels and that news sent the price of Brent crude sharply lower, falling back from around $85.40, towards $84.75 right now. 
 

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