• 1st LD Writethru: Gold extends losses as U.S. stocks, dollar rally • Tesla expands into batteries for homes, businesses • Update: Turkish police clash with May Day protesters • Urgent: Gold slips as U.S. stocks, dollar rally • Violent no-Expo protest takes place in Italy's Milan • Italy celebrates May Day focusing on youth unemployment • Regional bloc lauds member states for receiving Burundian refugees • News Analysis: Baltimore riots highlight police-African-American tensions in many U.S. cities • Lithuania assumes rotating UN Security Council presidency for May • 3nd LD: Maryland state prosecutor charges all 6 officers involved in Freddie Gray's death

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Urgent: U.S. Oil price retreats on profit-taking

Xinhua, May 2, 2015 Adjust font size:

U.S. oil price fell on Friday as investors took profit following the two-day sharp rise.

Light, sweet crude for June delivery moved down 0.48 U.S. dollars to settle at 59.15 dollars a barrel on the New York Mercantile Exchange. Endite