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Crude oil prices declined on Wednesday morning after the Energy Information Administration reported a crude oil build of 7.9 million barrels for the week to November 1. Analysts had expected a much more modest build of 1.515 million barrels for the period. This latest build adds to a string of six weekly inventory increases over the last seven weeks, with just one weekly decline. The string has added more than 30 million barrels to inventories, with the one single decline taking 1.7 million barrels out of this accumulation. A day earlier, the American…

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