OIL PRICE: NOT ABOVE $78
REUTERS - Oil prices fell on Wednesday as a tropical storm hitting the U.S. Gulf coast weakened and had a lower impact on production than initially expected.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.14 per barrel at 0642 GMT, down 73 cents, or 1 percent, from their last settlement.
International Brent crude futures LCOc1 fell 60 cents, or 0.8 percent, to $77.57 a barrel.
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