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MW: Oil off 2% after supply report shows increase
 
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell further Wednesday after a weekly government report showed an increase in supplies. Oil for September delivery CL1U -1.93% retreated $1.84, or 1.8%, to $92 a barrel on the New York Mercantile Exchange. It had traded around $92.50 before the report. The Energy Information Administration said oil inventories increased 1 million barrels in the week ended July 29. Analysts polled by Platts had expected an increase around 2 million barrels, but a trade group on Tuesday showed a decline. Gasoline stocks gained 1.7 million barrels, and stockpiles of distillates increased 400,000 barrels. The analysts surveyed had expected gains of 350,000 barrels for gasoline and 1.8 million barrels for distillates.
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