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World oil prices have dropped significantly

June 10 2008

Oil prices on world markets on Monday declined significantly against the background of the head of the U.S. Treasury Henry Paulson on the possible adoption of measures needed to stabilize the U.S. currency, reported the Associated Press.

On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of July futures for U.S. light crude oil Light Sweet Crude Oil fell by 4.19 dollar - up to 134.35 dollars per barrel.

The price of July futures for North Sea petroleum mix of mark Brent Crude Oil at London exchange ISE (InterContinental Exchange Futures) following trades fell by 3.78 dollar - up to 133.91 dollars per barrel, according to RIA News .

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