Nearest oil futures prices decreased by 0.32% - 0.67% on major world trading floors

21.07.08 20:17
/IRBIS, Dinara Mukasheva, July 21, 08/ - By the results of trades of July 18 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in August 2008 decreased by 0.32 % to $128.88 per barrel; - on ICE (London) price of September Brent Forties Oseburg futures fell by 0.67 % to $130.19 per barrel Oil fell on USD rate appreciation. Optimistic data of quarter Citigroup`s report, which turned out to be higher than forecasts, supported dollar. According to report, net company's losses made $2.5 bn. for the same period of 2007. Yields decreased to $18.65 bn. against $26.33 bn. in 2007; at that, written-off volume for reporting quarter made $7.2 bn. And analysts expected Citigroup`s net losses to make from $4 bn. to $10 bn. The data of exchanges, published in various information systems, have been used to create this message. [2008-07-21]