Oil prices extend losses on stronger U.S. dollar

NEW YORK, Nov. 28 (Xinhua) -- Oil prices continued to fall Tuesday as a stronger U.S. dollar made the greenback-denominated oil less attractive for holders of other currencies.

The West Texas Intermediate for January delivery decreased 12 U.S. cents to settle at 57.99 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery dipped 23 cents to close at 63.61 dollars a barrel on the London ICE Futures Exchange. Enditem