NEW YORK (Reuters) - Crude oil prices pared early losses but still - TopicsExpress

NEW YORK (Reuters) - Crude oil prices pared early losses but still settled lower on Thursday after a government report showed the biggest build in U.S. crude inventory in at least 14 years. The spread between WTI and global benchmark Brent CL-LCO10=R widened to as much as $2.53, the most since the settlement on Jan. 7, as U.S. crude tumbled more than 2 percent. U.S. crude CLc1 closed down $1.47 at $46.31. Brent LCOc1 closed at $48.52 a barrel after falling 51 cents.

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