Oil edges lower after jump in US stockpiles, vaccine hopes capping losses

Oil edges lower after jump in US stockpiles, vaccine hopes capping losses Brent crude futures slipped 13 cents, or 0.3%, to $48.71 a barrel by 0151 GMT, having gained 5 cents the previous day. U.S. West Texas Intermediate (WTI) crude futures dropped 15 cents, or 0.3%, to $45.45, after shedding 16 cents on Tuesday.

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