Bank Of Baku

Oil prices fall

Oil prices fall
# 29 May 2014 08:27 (UTC +04:00)

Baku – APA-Economics. Oil futures slid Wednesday on expectations that crude-oil supplies rose last week as imports rebounded from a 17-year low, Wall Street Journal reported.

 

Light, sweet crude for July delivery settled down $1.39, or 1.3%, at $102.72 a barrel on the New York Mercantile Exchange.

 

Brent crude on the ICE futures exchange fell 21 cents, or 0.2%, to $109.81 a barrel.

 

 

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