Decrease in world crude oil prices | Daily News

Decrease in world crude oil prices

Reports indicate that world crude oil prices has seen a gradual decrease. Analysts reveal that crude oil prices in the world market have fallen on the hope that the US interest rate will be raised again next week.

The price of a barrel of Brent crude oil index decreased to US$ 92.79 while the price of a barrel of West Texas Intermediate index decreased to US$ 87.02 yesterday.

However with the increase in demand, the price of crude oil increased somewhat at the beginning of last August.


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