Oil futures fell more than one per cent on Wednesday, extending a more than three per cent drop in prices the previous session, after U.S. Government data showed large builds in refined product stockpiles.
Brent crude futures were down 82 cents at $63.53 a barrel and U.S West Texas Intermediate (WTI) crude futures fell 99 cents $56.63 a barrel.
Both benchmarks shed more than three per cent on Tuesday.
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