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Crude oil futures closed lower in the domestic market on Wednesday as U.S. government data showed the biggest rise in crude supplies in three months. Prices also continued to draw support from estimates that show that major oil producers are easing back their production levels. At the MCX, crude oil futures for February 2016 contract closed at Rs 3585 per barrel, down by 0.80 per cent, after opening at Rs 3608, against a previous close of Rs 3614. It touched the intra-day low of Rs 3568.
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