Crude futures settle lower

Oil prices fell on Wednesday.

The West Texas Intermediate for November delivery lost 59 cents, or 0.95 percent, to settle at 61.78 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery dropped 68 cents, or 1.03 percent, to settle at 65.35 dollars a barrel on the London ICE Futures Exchange.

A wildfire that engulfed part of a forest in Shantou City of south China's Guangdong Province on Sunday has been extinguished after 17 hours of concerted efforts by multiple departments including emergency response, firefighting and public security units.

Villagers living at the foot of Xianglu Mountain were the first to notice the fire erupting on its slopes.

"It looked far away and I thought it was just someone burning garbage," recalled one villager.

Upon discovering the fire, local authorities immediately organized personnel to combat the flames, with mobilization of over 200 rescuers from surrounding areas to assist in the firefighting efforts.

"We were divided into two to three groups, with one conducting regular firefighting and another using water pumps to extinguish the fire," said one rescuer.

Given the rapid spread of the fire, local officials also called in aerial support with helicopters to aid in extinguishing the blaze. Furthermore, many personnel organized by local grassroots departments were actively involved in the firefighting efforts.

By 06:00 on Monday, the wildfire was finally extinguished without causing any casualties. The dry climate in winter increases the risk of forest fire in the region. However, the cause of the forest fire is still under investigation.