Bank Of Baku

Oil prices fall

Oil prices fall
# 06 July 2010 08:43 (UTC +04:00)
Baku - APA-Economics. Oil prices fell below $72 a barrel Tuesday in Asia on investor concern global economic growth could slow in the second half and drag demand for crude down with it, Associated Press reported.

Benchmark crude for August delivery was down 35 cents to $71.79 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract last settled on Friday, losing 81 cents to $72.14.

Brent crude was down 22 cents to $71.25 a barrel on the ICE futures exchange.
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