Oil prices drop as demand worries dominate

NEW YORK, June 22 (Xinhua) -- Oil prices fell on Wednesday as demand worries returned to the market.

The West Texas Intermediate for August delivery lost 3.33 U.S. dollars, or 3 percent, to settle at 106.19 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery decreased 2.91 dollars, or 2.5 percent, to close at 111.74 dollars a barrel on the London ICE Futures Exchange.