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Urgent: Oil prices retreat on profit-taking

Xinhua, March 9, 2016 Adjust font size:

Oil prices lost Tuesday on profit-taking after a two-day rally.

The West Texas Intermediate for April delivery moved down 1.4 U.S. dollars to settle at 36.5 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery decreased 1.19 dollars to close at 39.65 dollars a barrel on the London ICE Futures Exchange. Endit