Brent crude oil fell under pressure on Wednesday morning after weak data and growing inventories worried investors. The commodity fell for a second day and traded at $110.19 at 9:00 GMT.
According to CNBC , American reserves grew by 4.7 million barrels last weekend, much higher than the 2.2 million barrels originally forecast. This increase could suggest that the number one oil consuming nation's economy is still struggling to recover in the wake of a financial crisis.
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