Bank Of Baku

Oil prices decline

Oil prices decline
# 01 March 2011 07:30 (UTC +04:00)
Baku – APA-ECONOMICS. Crude oil prices slipped Monday after Saudi Arabia’s reassurances of adequate supply appeared to calm fears of disruptions from the Libyan pro-democracy uprising against leader Moamer Kadhafi, AFP reported.
New York’s benchmark West Texas Intermediate (WTI) futures contract, light sweet crude for April, closed at $96.96 a barrel, a decline of 91 cents from Friday.
In London, Brent North Sea crude for delivery in April slid 34 cents to settle at $111.80 a barrel.
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