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Oil prices retreat on profit-taking

Xinhua, April 30, 2016 Adjust font size:

Oil prices moved down Friday on profit-taking after recent solid gains.

The West Texas Intermediate for June delivery fell 11 cents to settle at 45.92 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery edged down 1 cent to close at 48.13 dollars a barrel on the London ICE Futures Exchange. Endit