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Oil prices drop on U.S. crude stockpiles increase

Source: Xinhua   2016-12-22 04:06:25

NEW YORK, Dec. 21 (Xinhua) -- Oil prices dropped on Wednesday following a report showing a surprise increase in U.S. crude inventories last week.

The West Texas Intermediate for February Delivery decreased 0.81 dollars to settle at 52.49 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery dropped 0.89 dollars to close at 54.46 dollars a barrel on the London ICE Futures Exchange.

Editor: yan
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Oil prices drop on U.S. crude stockpiles increase

Source: Xinhua 2016-12-22 04:06:25
[Editor: huaxia]

NEW YORK, Dec. 21 (Xinhua) -- Oil prices dropped on Wednesday following a report showing a surprise increase in U.S. crude inventories last week.

The West Texas Intermediate for February Delivery decreased 0.81 dollars to settle at 52.49 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery dropped 0.89 dollars to close at 54.46 dollars a barrel on the London ICE Futures Exchange.

[Editor: huaxia]
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