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Urgent: Oil prices plunge as inventories climb

Xinhua, March 24, 2016 Adjust font size:

Oil prices plummeted Wednesday as U.S. crude stockpiles added.

The West Texas Intermediate for May delivery moved down 1.66 U.S. dollars to settle at 39.79 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery decreased 1.32 dollars to close at 40.47 dollars a barrel on the London ICE Futures Exchange. Endit