RIYADH: Oil prices pulled back from a three-month high on Wednesday as industry data showed an increase in US crude inventories. 

Brent crude futures slipped 93 cents to $82.71 a barrel by 04:17 p.m. Saudi time, while US West Texas Intermediate crude was at $78.68, down 95 cents. Both fell by more than $1 earlier in the session. 

US crude stocks rose by about 1.32 million barrels in the week ended July 21, according to market sources citing American Petroleum Institute figures on Tuesday. 

Equinor profit down 57 percent in Q2 


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