Off the wire
• Chinese, Kazakh defense ministers hold meeting on bilateral ties  • Students in Canadian town stage walkout after suicide crisis  • Nigerian navy nabs oil pipeline vandal  • U.S. dollar declines against most major currencies  • Turkish leaders condemn Istanbul attack, vow to continue fight against terror  • Spanish stock market rises 0.80 pct  • Roundup: Water shortage, power supply fluctuation, fuel scarcity spoil Khartoum residents' joy with Ramadan  • Agreement for Athens old airport development signed, clearing way for next bailout installment  • Azerbaijan, EU to discuss expansion of partnership  • CIS prime ministers focus on organization's cooperation  
You are here: 　 Home

Oil prices keep rising on inventory draw forecasts

Xinhua, June 8, 2016 Adjust font size:

Oil prices extended gains Tuesday as investors expected U.S. crude stockpiles to fall for a third straight week.

The West Texas Intermediate for July delivery increased 0.67 U.S. dollar to settle at 50.36 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery gained 0.89 dollar to close at 51.44 dollars a barrel on the London ICE Futures Exchange. Enditem