The price of oil on world commodity exchanges was falling Wednesday morning as U.S. crude stock inventory rose.
The price of a September futures contract for WTI light sweet crude in electronic trading on Nymex was down 50 cents to $99.09 a barrel by 05:55 Moscow time. The price of a September futures contract for North Sea Brent blend was off 3 cents to $118.25 in London.
The day before, September WTI contracts rose 39 cents to $99.59 a barrel, while September Brent contracts rose 34 cents to $118.28.
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