NEW YORK, June 7 (Xinhua) -- Oil prices extended gains Tuesday as investors expected U.S. crude stockpiles to fall for a third straight week.
The West Texas Intermediate for July delivery increased 0.67 U.S. dollar to settle at 50.36 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery gained 0.89 dollar to close at 51.44 dollars a barrel on the London ICE Futures Exchange. Enditem