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Oil prices fall on signs of rising supplies, ebbing confidence on global economy

Oil prices fall on signs of rising supplies, ebbing confidence on global economy The Brent crude January futures contract lost 44 cents, or 0.32 percent, to trade at $74.72 per barrel by GMT 0054 GMT. West Texas Intermediate (WTI) crude futures fell 46 cents to $65.01 a barrel.

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