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Update at 1040 hrs (IST)


Markets
Oil falls towards $79/barrel

MUMBAI: Oil inched down towards $79 a barrel on Wednesday, after rising nearly 2 per cent a day ago, following an industry report showing a rise in fuel inventories in the United States though crude fell unexpectedly.

US crude for December fell 26 cents to $79.35 a barrel by 0334 GMT, after settling up $1.47 on Tuesday. London Brent crude shed 28 cents to $77.83 a barrel. — Agencies

Prev: Call rates open at 3.25-3.3%
Next: Asian stocks edge up

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