Oil falls below $62 on U.S. inventories, fading Venezuela concerns
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LONDON (Reuters) - Oil fell below $62 a barrel on Wednesday after a report showed a rise in U.S. crude inventories, while concerns about the impact on global supplies of U.S. sanctions on Venezuela faded.U.S. crude inventories rose by 2.5 million barrels last week, according to industry group the American Petroleum Institute, and gasoline stocks also increased. The government's official supply report due later on Wednesday. "The fact that U.S. crude oil and gasoline stocks rose more sharply than..