Oil prices decline on Hurricane Irma

NEW YORK, Sept. 8 (Xinhua) -- Oil prices fell on Friday as Hurricane Irma drove towards U.S. state of Florida.

The West Texas Intermediate for October Delivery lost 1.61 dollar to settle at 47.48 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery erased 0.71 dollar to close at 53.78 dollars a barrel on the London ICE Futures Exchange. Enditem