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Urgent: Oil prices fall despite declining inventories

Xinhua, December 10, 2015 Adjust font size:

Oil prices on Wednesday shed earlier session gains as traders disregarded the falling crude stockpiles.

The West Texas Intermediate for January delivery moved down 35 cents to settle at 37.16 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery decreased 15 cents to close at 40.11 dollars a barrel on the London ICE Futures Exchange. Enditem