Off the wire
• U.S. House easily passes key element of President Obama's trade agenda  • Depreciation of Tanzanian shilling disaster for economy: opposition  • Urgent: Gold trades lower on Greece talks  • Greek PM still optimistic for compromise debt deal, main opposition party leader suggests national consensus gov't  • Roundup: Chinese, Russian media setups value cooperation  • Spanish stock market falls 0.12 pct, closes at 11,308 points  • Austrian experts meet to discuss bee death phenomenon  • Israel releases senior Hamas figure from detention in West Bank  • S. African president blames defects in police for Marikana tragedy  • British FTSE 100 drops 0.54 pct on Thursday  
You are here: 　 Home

Urgent: Oil prices drop on ample supplies

Xinhua, June 26, 2015 Adjust font size:

Oil prices lost Thursday as U.S. near-record oil production weighed on the market.

The U.S. benchmark, the West Texas Intermediate for August delivery moved down 57 cents to settle at 59.7 U.S. dollars a barrel on the New York Mercantile Exchange . The global benchmark, Brent crude for August delivery decreased 29 cents to close at 63.2 dollars a barrel on the London ICE Future Exchange. Endite