Off the wire
• German defense minister asserts commitment to Baltic security  • UN sees Chinese strategy on cyberspace cooperation "important report"  • Eurozone jobless rate remains unchanged in Jan.  • U.S. Commerce Secretary Wilbur Ross quits post at Bank of Cyprus  • Roundup: Albania's opposition continues protests despite int'l calls  • Tanzania shuts down four alcohol factories in ongoing crackdown  • Ghana gov't industrial policy targets 350,000 jobs  • Murray beats Kohlschreiber in breath-taking Dubai Open quarter final  • FAO warns food security emergencies likely to increase  • Deposits in Albanian banking system hit new high in 2016  
You are here: 　 Home

Oil prices fall as output cuts stall

Xinhua, March 3, 2017 Adjust font size:

Oil prices fell on Thursday after data showed weak compliance with an output cut deal reached by major producers last year.

The West Texas Intermediate for April Delivery erased 1.22 U.S. dollars to settle at 52.61 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery decreased 1.28 dollars to close at 55.08 dollars a barrel on the London ICE Futures Exchange. Enditem