Crude oil prices dips.... despite resumption of Washington's sanctions on Iran.<br />At the market close on Wednesday,.... the December futures for West Texas Intermediate Crude.... was trading at.... 61-point-6-7 U.S. dollars per barrel, its lowest in eight months,.... after falling Point-nine percent from the previous day.<br />January futures for Brent Crude also fell slightly to 72-point-Oh-seven.<br />The decline is mainly attributed to an increase in America's oil production.<br />According to the U.S. Energy Information Administration.... the country's crude inventories went up by 5-point-8 million barrels last week... and overall production reached a new weekly record of 11-point-6 million barrels a day. <br />
