Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses
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SEOUL (Reuters) - Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses. Brent crude futures were at $62.73 a barrel by 0120 GMT, down 23 cents, or 0.4%, from their previous settlement. Brent settled up 1.3% at $62.96 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell 21 cents, or 0.4%, from their last close to..