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NEW YORK, March 13 (Xinhua) -- Oil prices ended lower on Monday on rising concerns over U.S. crude oversupply.
The West Texas Intermediate for April Delivery lost 0.05 dollars to settle at 48.40 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery erased 0.02 dollars to close at 51.35 dollars a barrel on the London ICE Futures Exchange.
