Oil dips on rising U.S. crude inventories and production

Oil markets dipped on Thursday, weighed down by rising crude inventories and production in the United States as well as a stronger dollar, which potentially hampers fuel consumption in countries that use other currencies at home.

 

A worker walks at a petrol station in Riyadh, Saudi Arabia February 21, 2017. Picture taken February 21, 2017. REUTERS/Faisal Al Nasser

 

 

 

 

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