Nearest oil futures prices decrease 1.35 % - 1.37 % on major world trading floors

16.06.08 16:17
/IRBIS, Dinara Mukasheva, June 16, 08/ - By the results of trades of June 13 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in July 2008 decreased by 1.37 % to $134.86 per barrel; - on ICE (London) price of July Brent Forties Oseburg futures fell by 1.35 % to $134.25 per barrel Oil prices decreased with G8`s serious statement on intention to examine the blowing oil "bubble" situation. On June 13, in Osaka the Ministers of Finance of G8 announced that IMF and International Energy Agency will examine speculative mechanisms on oil market. The corresponding report will be ready for the annual shareholders meeting of IMF and World Bank in autumn. The joint communique says that "commodity growth prices, especially on oil and foodstuffs, are the serious challenge for world economic stable growth and may increase inflation pressure in the world". The data of exchanges, published in various information systems, were used to create this message. [2008-06-16]