Bank Of Baku

Oil prices drop

Oil prices drop
# 31 March 2011 07:39 (UTC +04:00)
Baku - APA-ECONOMICS. Crude oil prices fell modestly on Wednesday as traders weighed a critical build-up in stockpiles in the United States, the world’s largest oil consumer, Channel News Asia reported.
New York’s main contract, light sweet crude for May, settled at $104.27 dollars a barrel, losing 52 cents from Tuesday’s closing level.
In London, Brent North Sea crude for delivery in May shed three cents to close at $115.13 a barrel.
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