Oil prices extended further losses on Thursday, setting the decline on track for the fourth consecutive week, as global supply continued to rise from world's major oil producers.
The West Texas Intermediate for December delivery dropped 1.62 U.S. dollars to settle at 63.69 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery lost 2.07 dollars to 72.97 dollars a barrel on the London ICE Futures Exchange.
Sources:cctvplus
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