Oil prices fall on rising US crude stocks, Opec output concerns

International Brent crude futures were down 69 cents, or 1.2 per cent, at US$55.03 per barrel. — File pic SINGAPORE, Dec 14 — Oil prices fell today following a reported rise in US crude inventories and an estimate that Opec may have produced more crude in November than previously thought, potentially undermining a planned output cut.


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