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Urgent: Oil prices dive on growing inventories

Xinhua, December 3, 2015 Adjust font size:

Oil prices plunged Wednesday as U.S. crude stockpiles continued to increase.

The West Texas Intermediate for January delivery moved down 1.91 U.S. dollars to settle at 39.94 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery decreased 1.95 dollars to close at 42.49 dollars a barrel on the London ICE Futures Exchange. Enditem