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Urgent: Oil prices drop amid ample supplies

Xinhua, November 6, 2015 Adjust font size:

Oil prices continued to fall Thursday as the market expected global supplies exceeded demand.

The West Texas Intermediate for December delivery moved down 1.12 U.S. dollars to settle at 45.2 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 60 cents to close at 47.98 dollars a barrel on the London ICE Futures Exchange. Enditem