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Crude prices retreat amid shrinking supply worries

Xinhua, May 10, 2016 Adjust font size:

Oil prices lost Monday amid reduced concerns about the massive wildfires disrupting Canada oil production.

The West Texas Intermediate for June delivery moved down 1.22 U.S. dollars to settle at 43.44 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery decreased 1.74 dollars to close at 43.63 dollars a barrel on the London ICE Futures Exchange. Enditem