NEW YORK: Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in US crude inventories as producers ramped up output following frigid weather this month. Brent crude futures for March, which expire on Wednesday, settled down US$ 1.16, or about 1.4%, to US$ 81.71 a barrel while the more actively traded April contract settled down US$ 1.89, or about 2.3%, at US$ 80.55.US West Texas Intermediate crude futures settled down US$
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2024-02-01 00:00:00.0