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Oil falls below $94 ahead of US inventory figures

Oil prices fell below $ 94 a barrel, early release on Wednesday that the estimated figures showed crude oil inventories increased.
Benchmark crude for May delivery fell 30 cents to $ 93.90 a barrel at noon Bangkok time electronic trading on the New York Mercantile Exchange. On Tuesday, the contract rose 84 cents to close at $ 94.20 a barrel.
Oil investors are waiting for the U.S. crude oil and refined oil inventories fresh. Is expected to end on April 5 week data showed crude oil inventories increased by 1.4 million barrels, Analysts surveyed by Platts, the energy information sector discontent, McGraw - Hill
U.S. Department of Energy's Energy Information Administration report released Wednesday morning.
CMC Markets' Michael Hewson said: "the possibility of rising stocks cap gains later in the week benchmark crude oil prices.
London's ICE Futures Exchange, Brent crude oil gathering used by many U.S. refineries, the price of gasoline rose 7 cents to $ 106.30 a barrel.
Other energy futures trading on the New York Mercantile Exchange:
- Wholesale gasoline prices fell 1.5 cents to $ 2.928 per gallon.
- Natural gas rose 2 cents to $ 4.037 per 1,000 cubic feet.
- Heating oil is almost unchanged at $ 2.961 per gallon.
 



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