Off the wire
• Energy-hungry Turkey expects more Chinese investment: official  • Nigeria calls for private sector capital to bridge infrastructure gap  • Spotlight: Western media's negative image on Chinese economy surprises French entrepreneurs  • Algeria condemns Tunisia terrorist attack  • France stands with Tunisia in battle against terrorism: Hollande  • Norwegian tank kills passenger car driver in collision crash  • Interview: Spanish football boss believes bright future of Chinese football  • Indian minister faces blame of ignoring to help injured in road accident  • EP to discuss EU-Turkey summit conclusions in Strasbourg plenary  • S. Africa formalising Mandarin teaching: minister  
You are here: 　 Home

Urgent: Oil prices rally amid declining supplies

Xinhua, March 8, 2016 Adjust font size:

Oil prices surged Monday as data showed oil producers are cutting output amid low prices.

The West Texas Intermediate for April delivery moved up 1.98 U.S. dollars to settle at 37.9 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery increased 2.12 dollars to close at 40.84 dollars a barrel on the London ICE Futures Exchange. Endit