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Urgent: Oil prices gain as U.S. supplies drop

Xinhua, July 30, 2015 Adjust font size:

Oil prices increased Wednesday as government report showed U.S. crude stockpiles unexpectedly fell last week.

The West Texas Intermediate for September delivery moved up 81 cents to settle at 48.79 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery increased 8 cents to close at 53.38 dollars a barrel on the London ICE Future Exchange. Endite