Bank Of Baku

Oil price drops in London, soars in New York

Oil price drops in London, soars in New York
# 06 July 2012 07:51 (UTC +04:00)
Baku. Ali Ahmadov - APA-Economics. On July 5, Brent crude, which comes from the North Sea, rose by 93 cents Thursday to end at $100.70 per barrel in London. Brent crude helps set the price for oil imported into the U.S. that is used to make gasoline.

Benchmark U.S. crude lost 44 cents to end the day at $87.22 per barrel in New York — a slight drop following a jump of nearly $10 a barrel in less than a week.
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