Tokyo — Oil prices fell for a second day on Thursday, extending declines of as much as 4% in the previous session, on continued increases in US crude stockpiles and concerns about lower demand growth.

Brent crude futures were down 6c, or 0.1%, at $59.91 a barrel by 0336 GMT after earlier rising slightly. Prices fell 3.7% on Wednesday to settle at $59.97, the international benchmark’s lowest close since January 28...

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