Oil prices decline on supply glut
Oil Well Pumper
New York - XINHUA
Oil prices fell on Thursday as increasing U.S. crude stockpile spurred market concerns of supply glut.
The West Texas Intermediate for October delivery lost 1.54 U.S. dollars to settle at 43.16 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery decreased 1.42 dollars to close at 45.45 dollars a barrel on the London ICE Futures Exchange.
Source : XINHUA
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