Futures Movers: Oil prices pare losses with U.S. crude supplies down a third straight week

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Oil futures pared some of their early Thursday declines after official U.S. data reveal a third weekly fall in domestic crude inventories.

Crude prices have been mostly stuck in a tight trading range since early June, however, with upside limited by persistent worries over demand from China and the global economic outlook.

Price action

Supply data

The…

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