Crude futures fall after strong build in US oil products stocks

TOKYO: Oil prices fell on Thursday, extending declines into a fourth day, after official data showed US stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season.

Brent crude futures were down 15 cents, or 0.2 per cent, at $63.51 a barrel by 0044 GMT. They fell 1.1 per cent on Wednesday.

US West Texas Intermediate crude futures fell 26 cents, or 0.5 per cent, to $56.52. The US benchmark dropped 1.5 per cent in the previous session.

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