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Oil prices decline on strong U.S. dollar

Xinhua, November 18, 2016 Adjust font size:

Oil prices declined Thursday as strong U.S. dollar offset market's optimism over an oil output freeze deal.

The West Texas Intermediate for December Delivery lost 0.15 U.S. dollars to settle at 45.42 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery erased 0.14 U.S. dollars to close at 46.49 U.S. dollars a barrel on the London ICE Futures Exchange. Enditem