Off the wire
• Major Philadelphia newspapers, website donated to new media institute to survive digital challenge  • Cameroon team arrives in Uganda for international friendly  • Submarine cable linking Finland, Germany completed  • 1st LD Writethru: Gold down on stronger U.S. dollar, global economic strength  • Nigeria to undertake massive infrastructure development: VP  • S. Africa pledges to work with U.S. in resolving trade issues  • Sainz grabs Dakar Rally lead  • Urgent: Gold down on stronger U.S. dollar, global economic strength  • Depression, eating disorder common in bariatric surgery patients: study  • Tanzanian police arrest poacher for killing four elephants  
You are here: 　 Home

Urgent: Oil prices extend losses amid supply glut

Xinhua, January 13, 2016 Adjust font size:

Oil prices continued to fall Tuesday as market expected the supply to surpass the demand.

The West Texas Intermediate for February delivery moved down 97 cents to settle at 30.44 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery decreased 69 cents to close at 30.86 dollars a barrel on the London ICE Futures Exchange. Endit