Nearest oil futures prices decrease 1.77 % - 2.70 % on major world trading floors

/IRBIS, Dinara Mukasheva, July 8, 08/ - By the results of trades of July 7 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in August 2008 decreased by 2.70 % to $141.37 per barrel; - on ICE (London) price of August Brent Forties Oseburg futures fell by 1.77 % to $141.87 per barrel Oil went down sharply on the announcement of official Teheran that negotiations on Iran nuclear program "are held under new circumstances". This announcement tackled anxieties on delivery failures. On the other hand, US dollar appreciation exerted a certain pressure, growing against EUR to a weekly maximum after news that G8 may support dollar for restraining growth of prices on commodity markets. G8 summit began in Hokkaido (Japan) July 7. The main issues on the summit agenda are contribution to Africa development, struggle with climate change, global economy with stress on recourses prices and world finances, food market and international security. The data of exchanges, published in various information systems, have been used to create this message. [2008-07-08]