Oil prices rise on declining U.S. crude inventories
Xinhua, May 17, 2017 Adjust font size:
Oil prices rose on Wednesday as U.S. crude inventories declined for the sixth straight week.
The West Texas Intermediate for June delivery added 0.41 U.S. dollar to settle at 49.07 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery gained 0.56 dollar to close at 52.21 dollars a barrel on the London ICE Futures Exchange. Endit