Bank Of Baku

Oil prices continue to decrase

Oil prices continue to decrase
# 22 November 2011 08:34 (UTC +04:00)
Baku - APA-ECONOMICS. Oil prices fell Monday on fears that the world economy will weaken and push down demand for crude, Associated Press reported.

West Texas Intermediate oil, which is used as a benchmark to price oil in much of the U.S., fell 75 cents to finish at $96.92 a barrel in New York. Brent crude, which is used to price oil produced in many foreign countries, fell 74 cents to end at $106.66 a barrel in London.
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