NEW YORK, June 14 (Xinhua) -- Oil prices dropped on Tuesday as investors awaited data on U.S. fuel stockpiles.
The West Texas Intermediate (WTI) for July delivery lost 2 U.S. dollars, or nearly 1.7 percent, to settle at 118.93 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery decreased 1.1 dollars, or 0.9 percent, to close at 121.17 dollars a barrel on the London ICE Futures Exchange.
