Oil drops on US stockpile gain, Iran oil minister comments

Oil prices dipped on Wednesday on an unexpected rise in US inventories pulled down.
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UK construction PMI drops to seven-month low

The headline seasonally adjusted Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) dropped to a 7–month low of 55.3 from Oct’s 55.8. The consensus estimate stood at 58.2.
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