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Oil prices decline on oversupply concerns

Pubdate:2017-11-17 11:44 Source:xinhua Click:

NEW YORK, Nov. 16 (Xinhua) -- Oil prices declined on Thursday as investors were concerned about lingering.

The West Texas Intermediate for December delivery was down 19 U.S. cents to settle at 55.14 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery lost 51 cents to close at 61.36 dollars a barrel on the London ICE Futures Exchange. Enditem