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Important Update on Crude Oil

Crude prices fell in Asia on Thursday with markets downbeat on the supply outlook as U.S. inventories of gasoline show demand lagging a surge in domestic production and oversupplied global markets.
On the New York Mercantile Exchange crude futures for June delivery fell 0.56% to $49.34 a barrel, while on London's Intercontinental Exchange, Brent last traded at $52.08 a barrel.

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