Bank Of Baku

Oil prices continue to fall

Oil prices continue to fall
# 08 February 2011 07:20 (UTC +04:00)
Baku – APA-Economics. Oil prices edged down on Tuesday as transit through the Suez Canal remained unaffected by the political turmoil in Egypt, while expectations of a build-up in U.S. crude inventories also weighed, Reuters Africa reported.
U.S. crude for March slipped 24 cents to $87.24 a barrel at 0354 GMT, while ICE Brent eased 8 cents to $99.17 a barrel.
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