Bank Of Baku

Oil prices fall

Oil prices fall
# 04 October 2012 08:35 (UTC +04:00)
Baku – APA-ECONOMICS. Oil prices rose slightly Thursday after positive U.S. economic reports offset some of the pessimism about global growth prospects, Fox News reported.

Benchmark oil for November delivery was up 16 cents to $88.30 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. On Wednesday, oil fell $3.75, or 4.1 percent, to $88.14 per barrel in New York. That was the biggest decline since May 4.

Brent crude, which is used to price international varieties of oil, declined $ 3.40 to $108.17 in London.
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