You are here:   /
rss News rss Articles rss General

Oil falls in the price - June 11, 2008

June 11 2008

Oil prices on world markets fell on Tuesday amid reports the U.S. Energy Department on reducing demand for petroleum products in developed countries, reports the Associated Press.

Strengthening U.S. dollar also caused impairment of "black gold". 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 3.04 dollar - up to 131.31 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 2.89 dollar - up to 131.02 dollars per barrel.

U.S. Department of Energy in its monthly report on Tuesday said that due to high prices for "black gold" demand for petroleum products in developed countries is markedly reduced, RIA News .

Print version

Photo Gallery
At this moment...

Week top publications
Popular reading
©2006-2020 All rights reserved display number of browses и visitors for 24 hour