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World oil prices broke a record decline

November 21 2008

Oil prices on world markets on Thursday fell to the lowest level since May 2005 against the backdrop of a significant drop - by 5-6,7% - U.S. stock indices, RIA News .

December futures price for North Sea petroleum mix of mark Brent Crude Oil at London exchange ISE (InterContinental Exchange Futures) following trades fell by 3.64 dollar - up to 48.08 dollars per barrel.

On the New York Stock Exchange NYMEX (New York Merchantile Exchange) cost of the December futures for U.S. light crude oil Light Sweet Crude Oil fell $ 4 - up to 49.64 dollars per barrel.

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