Urgent: Oil prices drop despite fall in U.S. inventories
Xinhua, August 27, 2015 Adjust font size:
Oil prices tumbled Wednesday despite the fact that government report showed that U.S. crude stockpiles of last week decreased.
The West Texas Intermediate for October delivery moved down 71 cents to settle at 38.6 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery decreased 7 cents to close at 43.14 dollars a barrel on the London ICE Future Exchange. Endit