Bank Of Baku

Oil slips below $78

Oil slips below $78
# 18 January 2010 10:55 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Oil prices went down at $78 a barrel on Monday and NYMEX crude for February delivery CLc1 dipped 15 cents to $77.85 a barrel. The contract fell $1.39 to $78 a barrel on Friday.

According to APA-Economics, February Brent crude on London’s ICE Futures exchange fell 71 cents to $77.11 a barrel.

US weather forecast and dollar-euro market prices caused an oil price decline.
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