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Tokyo — Oil prices fell on Thursday after official figures showed a big increase in US petrol stocks, causing concerns about demand for crude weakening in the world’s biggest consumer of the resource at a time when supplies around the world are rising.

Brent crude eased 36c, or 0.6%, to $62.80 a barrel by 1.36am GMT. US oil fell 38c, or 0.6%, to $59.39 a barrel...

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