The headquarters of OPEC, the Organization of Petroleum Exporting Countries, is located in Vienna, Austria. Barbara Gindl/AFP PHOTO/Getty Images
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Oil prices tumbled Thursday after another big weekly build in U.S. crude inventories and a possible rise in Saudi output stoked worries about oversupply.U.S. crude stocks rose by 14.3 million barrels last week, data from industry group the American Petroleum Institute (API) showed after Wednesday's settlement, compared with analysts' expectations for an increase of 3.2 million barrels.At the same time, production from the world's biggest exporter Saudi Arabia may be increasing to near 10 million barrels per day, consultancy PIRA said Wednesday.
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