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Oil prices extend losses on downbeat data

Xinhua, July 23, 2016 Adjust font size:

Oil prices kept falling Friday after data showed that the number of rigs operating in the United States continued to rise.

The West Texas Intermediate for August delivery fell 0.56 U.S. dollar to settle at 44.19 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery lost 0.51 dollar to close at 45.69 dollars a barrel on the London ICE Futures Exchange. Enditem