Dhaka, Feb. 12 -- Oil prices edged down on Wednesday as an industry report showed an increase in US crude stockpiles and tariff worries weighed on sentiment, though stronger refining margins limited the market's downside.
Brent futures fell 25 cents, or 0.3 per cent, to $76.75 a barrel by 0408 GMT, while US West Texas Intermediate (WTI) crude dropped 28 cents, or 0.4 per cent, to $73.04 a barrel.
The declines snapped a three-day streak of gains for prices with Brent climbing 3.6 per cent while WTI rose 3.7 per cent, according to a Reuters report.
Crude oil stockpiles in the US, the world's biggest oil producer and consumer, rose by 9.4 million barrels in the week ending February 07, according to sources citing American Petroleum Instit...
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