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Oil prices decline amid over-supply concerns

Xinhua, November 11, 2016 Adjust font size:

Oil prices decreased on Thursday as market shifted focus from Donald Trump's victory in the U.S. presidential election to rising concerns over global oil glut.

The West Texas Intermediate for December delivery lost 0.61 U.S. dollars to settle at 44.66 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery erased 0.52 U.S. dollars to close at 45.84 dollars a barrel on the London ICE Futures Exchange. Enditem