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U.S. oil dips more than 7 pct amid oversupply concerns

Release Date:2020-04-27 17:08:46     Source:Xinhua     Author:huaxia

Oil prices dropped noticeably Sunday night with the U.S. benchmark down more than 7 percent amid persistent oversupply concerns.

The West Texas Intermediate for June delivery slipped 7.2 percent to 15.72 U.S. dollars a barrel, while Brent crude for June delivery slid 0.8 percent.

 

Editor:Cherie

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