An oil rig in Kenya. World oil prices dropped on Wednesday as traders looked ahead to the latest weekly snapshot of US crude inventories and a European Union summit centred on the eurozone debt

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An oil rig in Kenya. World oil prices dropped on Wednesday as traders looked ahead to the latest weekly snapshot of US crude inventories and a European Union summit centred on the eurozone debt crisis. Brent North Sea crude for delivery in August fell 57 cents to $92.45 a barrel in London midday deals.

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