Bank Of Baku

Oil prices fall

Oil prices fall
# 30 October 2013 07:23 (UTC +04:00)

Baku – APA-Economics. Global oil prices have fallen as dealers booked profits from the prior gains and awaited the US stockpiles report, expected to show yet another increase in supplies, Sydney Morning Herald reported.

New York's main contract, West Texas Intermediate (WTI) for delivery in December, fell 48 cents, closing on Tuesday at $US98.20 a barrel and snapping a three-day winning streak.

Brent North Sea crude for December settled at $109.01 a barrel, down 60 cents from Monday's close.

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