Nearest oil futures prices decrease 1.62 % - 1.99 % on major world trading floors

05.06.08 15:51
/IRBIS, Dinara Mukasheva, June 5, 08/ - By the results of trades of June 4 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in July 2008 decreased by 1.62 % to $122.3 per barrel; - on ICE (London) price of July Brent Forties Oseburg futures decreased by 1.99 % to $122.1 per barrel On Wednesday, oil prices fell again after the weekly report of USA Ministry of Energy on oil and oil products reserves in the country. According to the Ministry of Energy, oil reserves decreased by 4.8 m. to 306.8 m. barrels. Commodity reserves of car petrol surged by 2.9 m. to 209.1 m. barrels last week. Production ratio of oil processing plants surged from 87.9 % to 89.7 %. At that, the forecast of petrol reserves increasing made 900 th. barrels. According to the report of USA Ministry of Energy the volumes of petrol usage made 20.4 m. barrels a day in average during May, which is 1.1 % lower than the same indicator last year. The data of exchanges, published in various information systems, were used to create this message. [2008-06-05]