Urgent: Oil prices retreat amid supply glut worries
Xinhua, May 15, 2015 Adjust font size:
Oil prices lost Thursday as worries persisted that global supply would surpass demand.
Light, sweet crude for June delivery moved down 62 cents to settle at 59.88 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery lost 22 cents to close at 66.59 dollars a barrel. Endite