Nearest oil futures prices decrease by 2.04% - 2.49% on major world trading floors

/IRBIS, Dinara Mukasheva, July 30, 08/ - By the results of trades of July 29 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in September 2008 decreased by 2.04 % to $122.19 per barrel; - on ICE (London) price of September Brent Forties Oseburg futures fell by 2.49 % to $122.71 per barrel Oil sharply fell on dollar growth after the non-governmental research organization Conference Board announced that consumer confidence index grew from 51.0 in June to 51.9 in July. On the other hand OPEK President Shakib Khelil's announcing "current "black gold" prices are unjustifiably high" forced quotes go down. According to him, prices may drop to and below $80 provided dollar grows and geopolitical tension weakens. The data of exchanges, published in various information systems, have been used to create this message. [2008-07-30]