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Oil prices fall on rising U.S. output

Xinhua, February 8, 2017 Adjust font size:

Oil prices fell Tuesday on rising U.S. output and a stronger U.S. dollar.

The West Texas Intermediate for March Delivery erased 0.84 U.S. dollars to settle at 52.17 dollars a barrel on the New York Mercantile Exchange, while Brent crude for April delivery decreased 0.67 dollars to close at 55.05 dollars a barrel on the London ICE Futures Exchange. Endite