Bank Of Baku

Oil continues to fall

Oil continues to fall
# 07 February 2011 07:35 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices fell on Friday after the government reported a sharp drop in the US unemployment rate, which helped boost the dollar against foreign currencies, Sydney Morning Herald reported.
Benchmark West Texas Intermediate crude for March delivery fell $1.51 to settle at $89.03 a barrel on the New York Mercantile Exchange.
In London, Brent crude lost $1.93 to settle at $99.83 per barrel on the ICE Futures exchange.
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