Bank Of Baku

Oil price drops in world markets

Oil price drops in world markets
# 06 July 2009 07:43 (UTC +04:00)
Baku –APA-Economics. On July 3, on the New York Mercantile Exchange August crude WTI futures was down $1.10, at $66.63 a barrel.
August Brent contract on London’s ICE futures exchange was down $2.58 at $66.73 a barrel on July 2.

According to APA-Economics, the ICE Futures Europe Brent oil was down $1.22, at $65.43 a barrel in London.

Oil prices dropped as rising of unemployment rate in the US and European labor markets.
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