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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2026

LOCATION :Home> News> Industry News

Oil prices plunge on spike in U.S. gasoline inventories

Pubdate：2017-06-16 10:23 Source：liyanping Click：
NEW YORK, June 14 (Xinhua) -- Oil prices held big losses on Wednesday as weekly data showed an unexpectedly increase in U.S. gasoline inventories.

The West Texas Intermediate for July delivery lost 1.73 U.S. dollars to settle at 44.73 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery shed 1.72 dollars to close at 47.00 dollars a barrel on the London ICE Futures Exchange. Enditem
 
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