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Oil prices rise amid declining U.S. inventories

Xinhua, September 23, 2016 Adjust font size:

Oil prices rallied for a second session on Thursday after government data showed the U.S. oil stockpiles decreased last week.

The West Texas Intermediate for November delivery added 98 U.S. cents to settle at 46.32 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery added 78 cents to close at 47.65 dollars a barrel on the London ICE Futures Exchange. Endit