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Urgent: Oil prices dive as U.S. output increases

Xinhua, April 9, 2015 Adjust font size:

Crude prices plunged Wednesday as government report showed that U.S. crude output added last week.

Light, sweet crude for May delivery lost 3.56 U.S. dollars to settle at 50.42 U.S. dollars a barrel on the New York Mercantile Exchange. Endite