Oil prices dip as US crude stocks swell amid record production

SINGAPORE: OilNSE -2.82 % prices eased on Thursday, dragged down by record US crude output and rising commercial fuel inventories.

US West Texas Intermediate (WTI) crude oil futures were at $56.11 per barrel at 0033 GMT, down 11 cents, or 0.2 per cent, from their last settlement.

Brent crude futures had yet to trade.

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