NEW YORK, Sept. 8 (Xinhua) -- Oil prices posted solid gains Thursday after official data showed a surprisingly large drawdown in U.S. oil stockpiles.

U.S. crude inventories dropped 14.5 million barrels last week to 511.6 million barrels, the biggest weekly drop in stockpiles since January 1999, the Energy Information Administration (EIA) said in its weekly report Thursday.

Tropical Storm Hermine, which threatened the Gulf Coast refining region last week, scuttled some U.S. oil production and limited imports and shipping, according to media reports.

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers such as Russia are expected to discuss an output freeze at informal talks in Algeria on Sept. 26-28.

The West Texas Intermediate for October delivery jumped 2.12 U.S. dollars to settle at 47.62 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery soared 2.01 dollars to close at 49.99 dollars a barrel on the London ICE Futures Exchange. Enditem


NEW YORK, June 22 (Xinhua) -- Oil prices ended higher on Thursday as investors bet the UK will vote to remain in the European Union in the closely-watched Britain's Brexit referendum.

Voters have been going to polling stations Thursday to cast their votes to decide whether Britain will stay in or leave the European Union.

The ballot counting will start as soon as the polls close at 10 p.m. local time (2100 GMT). A total of 382 counting areas will be set up, with 380 located in England, Wales and Scotland, one in Northern Ireland and one in Gibraltar.

The outcome is expected to be officially declared at the Manchester Town Hall in the early hours of Friday.

According to six main opinion polls from June 18 to 22, the "Leave" camp was tied with the "Remain" camp. The crude prices rose on Thursday as investors' appetite for riskier assets like oil increased after concerns about Britain's possible exit from the European Union diminished.

Oil prices were also supported by a weaker dollar on Thursday. The dollar index, which measures the greenback against six major peers, was down 0.17 percent at 93.552 in late trading.

A weaker U.S. dollar lifted investor sentiment, which made the dollar-denominated oil more attractive for holders of other currencies.

The West Texas Intermediate for August delivery added 98 cents to settle at 50.11 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery increased 1.03 U.S. dollars to close at 50.91 dollars a barrel on the London ICE Futures Exchange. Enditem

LONDON nike air vapormax flyknit uk , May 19 (Xinhua) -- Alisher Usmanov, who owns 30.04% of Arsenal, has made a one billion-pound bid to take control of the north London club from majority shareholder Stan Kroeke.

English media reported that Kroenke has yet to formally respond to the offer, which made last month and was reported initially by the Financial Times.

Uzbek-born Russian billionaire Usmanov nike air vapormax uk , who is not part of the board or decision-making at the club, said in April that Kroenke must "bear huge responsibility" for the club's failures on the pitch.

Kroenke, who also owns the NFL's Los Angeles Rams, has been Arsenal's majority shareholder since 2011. The American increased his shareholding - through his company Kroenke Sports Enterprise - to 67.05 per cent of the club with a purchase of 23 ordinary shares in May 2016 slip on vans uk , the Sky news said.

Xi calls for public security forces to be loyal to CPC

China, Philippines agree to further improve bilateral ties

China Post releases special stamps "Chinese Dinosaurs"

Kunqu performer Wang Yueli sparks revival of Kunqu Opera in E China

China succeeds in mining combustible ice in South China Sea

In pics: Bangkok Seashell Museum

In pics: road on cliffs of Taihang Mountain in N China

In pics: Dongjiang Lake in C China's Hunan

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