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Urgent: Oil prices drop amid rising inventories forecast

Xinhua, April 22, 2015 Adjust font size:

Crude prices retreated Tuesday amid speculations that a government report would show U.S. crude inventories rose last week.

Light, sweet crude for May delivery lost 1.38 U.S. dollars to settle at 55.26 U.S. dollars a barrel on the New York Mercantile Exchange. Endite