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Urgent: Oil prices rise on falling U.S. supplies

Xinhua, May 7, 2015 Adjust font size:

Oil prices gained Wednesday as U.S. inventories of last week dropped.

Light, sweet crude for June delivery moved up 53 cents to settle at 60.93 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery added 25 cents to close at 67.77 dollars a barrel. Endite