Oil falls 1% as focus shifts to high U.S. fuel stocks
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HOUSTON (Reuters) - Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lacklustre seasonal demand following last week's bearish U.S. report showing a large fuel stockbuilds.Brent crude was down 60 cents at $64.38 per barrel at 11:57 a.m. CST (1757 GMT), while West Texas Intermediate (WTI) crude was down 65 cents at $58.39 a barrel.Thin U.S. refinery margins for petroleum products have sapped crude prices, particularly as winter demand for..