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Urgent: Oil prices edge down amid supply glut worries

Xinhua, October 27, 2015 Adjust font size:

Oil prices fell Monday as traders worried that global supplies exceeded demand.

The West Texas Intermediate for December delivery moved down 62 cents to settle at 43.98 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 45 cents to close at 47.54 dollars a barrel on the London ICE Futures Exchange. Enditem