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Urgent: U.S. oil price edges down amid surplus supplies

Xinhua, May 16, 2015 Adjust font size:

U.S. oil price lost on Friday amid concerns that the recent rally could invite more crude production of the country.

Light, sweet crude for June delivery moved down 19 cents to settle at 59.69 U.S. dollars a barrel on the New York Mercantile Exchange. Endite