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NEW YORK, Dec. 14 (Xinhua) -- Oil prices dropped on Wednesday as supplies at the biggest U.S. storage hub rose to a six-month high, and the Federal Reserve decided to raise interest rates.
The West Texas Intermediate for January Delivery dropped 1.94 U.S. dollars to settle at 51.04 dollars a barrel on the New York Mercantile Exchange, while Brent crude for February delivery decreased 1.82 dollars to close at 53.90 dollars a barrel on the London ICE Futures Exchange. Enditem
