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Oil prices decline amid rising supplies

Xinhua, April 3, 2017 Adjust font size:

Oil prices ended lower on Friday amid rising supplies from oil fields in Libya and the United States.

The West Texas Intermediate for May Delivery lost 0.36 dollars to settle at 50.24 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery erased 0.41 dollars to close at 53.12 dollars a barrel on the London ICE Futures Exchange. Enditem