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Urgent: Oil prices retreat from sharp rise

Xinhua, September 18, 2015 Adjust font size:

Oil prices declined Thursday after the prior day's surge as some traders took profits.

The West Texas Intermediate for October delivery moved down 25 cents to settle at 46.9 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery decreased 67 cents to close at 49.08 dollars a barrel on the London ICE Future Exchange. Enditem