Oil prices edge lower on rising U.S. inventories

April 23, 2015 8:38 AM

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Oil prices edge lower on rising U.S. inventories

SINGAPORE (Reuters) - Oil prices fell slightly on Thursday as rising U.S. crude inventories due to robust shale production outweighed concerns over renewed air strikes in Yemen.

Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement by Riyadh a day earlier that it was ending its campaign of air strikes.

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