Nearest oil futures prices decreased 1.34 % - 1.63 % on major world trading floors

05.09.08 15:29
/IRBIS, Dinara Mukasheva, September 5, 08/ - By the results of trades of September 4 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in October 2008 decreased by 1.34 % to $107.89 per barrel; - on ICE (London) price of October Brent Forties Oseburg futures fell by 1.63 % to $106.30 per barrel Oil continues falling; on Thursday accelerator was the weekly report of USA Ministry of Energy, according to which oil commodity reserves in the country decreased by 1.9 m. barrels to 303.9 m. barrels, commodity reserves of car petrol - by 1 m. barrels to 194.4 m. barrels. At that, analysts forecast falling of petrol reserves by 3.2 m. barrels. On the other hand, EUR/USD rate fell to minimum this year after announcement of Jean-Claude Trishe, the head of ECB that Bank of England and ECB decided to leave interest rates unchanged. Besides, ECB had toughened requirements to provision, which European banks use for ECB loans. The data of exchanges, published in various information systems, have been used to create this message. [2008-09-05]