Oil prices fall as data points to huge build in U.S. stocks
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SINGAPORE (Reuters) - Oil prices slid on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, adding to concerns that demand for oil around the world may weaken amid further signs of a global economic slowdown. Global benchmark Brent crude oil futures had fallen by 40 cents, or 0.7%, to $59.02 a barrel by 0110 GMT. U.S. crude oil futures were down by 46 cents, or 0.9%, to $52.90.U.S. crude inventories soared by 10.5 million barrels to 432.5..