Bank Of Baku

Oil prices continue to fall

Oil prices continue to fall
# 25 October 2012 07:35 (UTC +04:00)
Baku – APA-Economics. Global oil prices fell again Wednesday as surging US crude supplies and weak European economic data sparked fresh demand concerns, Business Recorder reported.
New York’s main contract, West Texas Intermediate crude for December, fell for the fifth straight day, settling at $85.73 a barrel, down 94 cents from the prior session’s close.
In London trade, Brent North Sea crude for delivery in December dropped 40 cents to $107.85 a barrel.
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