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LONDON, June 22: World oil prices fell on Wednesday after the weekly snapshot of US crude inventories showed no surprises, leaving traders to delay a push to new historic levels above $60 despite ongoing supply concerns.
New York’s main contract, light sweet crude for delivery in August, slid 89 cents to $58.15 per barrel in early deals.
The July contract had hit a record $59.70 before expiring on Tuesday.
In London on Wednesday, the price of Brent North Sea crude oil for delivery in August fell 84 to $56.66 per barrel.—AFP
