Bank Of Baku

Oil prices tumble sharply

Oil prices tumble sharply
# 24 June 2011 07:42 (UTC +04:00)
Baku – APA-ECONOMICS. New York’s main contract, West Texas Intermediate (WTI) for delivery in August, tumbled as low as $92.67 (Dh340.4) a barrel. It later stood at $93.09, down a hefty $2.32 from Wednesday’s closing level, gulfnews reported.

Brent North Sea crude for August meanwhile dived $3.09 to $111.12 a barrel in midday deals.
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