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Urgent: Oil prices rise as U.S. supplies fall

Xinhua, May 29, 2015 Adjust font size:

Oil prices gained Thursday as government data showed that U.S. inventories dropped last week.

Light, sweet crude for July delivery moved up 17 cents to settle at 57.68 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery increased 52 cents to close at 62.58 dollars a barrel. Endite