Oil prices fall amid output recovery


  • World
  • Tuesday, 13 Oct 2020

NEW YORK, Oct. 12 (Xinhua) -- Oil prices sank on Monday as supply risks in Norway and the Gulf of Mexico evaporated.

The West Texas Intermediate (WTI) for November delivery lost 1.17 U.S. dollars to settle at 39.43 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 1.13 dollars to 41.72 dollars a barrel on the London ICE Futures Exchange.

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