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Oil prices decline ahead of U.S. stockpile data

Xinhua, July 20, 2016 Adjust font size:

Oil prices ended lower Tuesday as investors awaited the Energy Information Administration's (EIA) inventory data scheduled for release Wednesday.

The West Texas Intermediate for August delivery dropped 0.59 U.S. dollar to settle at 44.65 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery fell 0.30 dollar to close at 46.66 dollars a barrel on the London ICE Futures Exchange. Enditem