Oil prices fall on disappointing economic data from Europe and China
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LONDON (Reuters) - Oil prices fell on Wednesday on disappointing economic data from China and Europe and a rise in U.S. crude inventories, partly erasing the previous session's sharp gains after the United States said it would delay tariffs on some Chinese products.Brent crude was down 49 cents, or 0.8%, at $60.81 a barrel at 0954 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. West Texas Intermediate (WTI) crude future was down 73 cents, or 1.3%, at $56.37..