Nearest oil futures prices decreased by 3.95% - 6.28% on major world trading floors

/IRBIS, Dinara Mukasheva, July 18, 08/ - By the results of trades of July 17 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in August 2008 decreased by 3.95 % to $129.29 per barrel; - on ICE (London) price of August Brent Forties Oseburg futures fell by 6.28 % to $131.07 per barrel Oil continued falling; analysts consider the main reason is traders` growing anxieties on new signs of USA economy slowing down. The market played the effect, made by Ben Bernarke`s (the head of FRS) announcement, on risks increasing for the rates of USA economic growth, inflation acceleration and USA crude oil reserves considerable growth for the last week. The data of exchanges, published in various information systems, have been used to create this message. [2008-07-18]