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Urgent: Oil prices drop amid ample supplies

Xinhua, February 20, 2016 Adjust font size:

Oil prices dropped Friday as the enormous stock dragged the market down.

The West Texas Intermediate for March delivery moved down 1.13 U.S. dollars to settle at 29.64 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery decreased 1.27 dollars to close at 33.01 dollars a barrel on the London ICE Futures Exchange. Enditem