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Oil prices fall with rising U.S. rig count

Xinhua, November 5, 2016 Adjust font size:

Oil prices declined for a sixth straight session Friday as the U.S. oil rig count resumed its rise following its first dip in roughly four months in the previous week.

The West Texas Intermediate for December delivery fell 0.59 U.S. dollar to settle at 44.07 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery decreased 0.77 dollar to close at 45.58 dollars a barrel on the London ICE Futures Exchange. Enditem