Nearest oil futures prices decreased 1.54 % - 2.08 % on major world trading floors

08.09.08 14:52
/IRBIS, Dinara Mukasheva, September 8, 08/ - By the results of trades of September 5 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in October 2008 decreased by 1.54 % to $106.23 per barrel; - on ICE (London) price of October Brent Forties Oseburg futures fell by 2.08 % to $104.09 per barrel Oil was permanently decreasing during all last week. On Friday, the fall was conditioned by traders` anxieties on uncertainty in OPEK oil production decreasing. OPEK summit should be arranged on September 9 in Vienna on which this question will be discussed, initiated by Iran and Venezuela. On the other hand, there are a lot of anxieties on new recession in USA - on Friday the USA Ministry of Labor informed that the unemployment level in August grew to 6.1 % of able-bodied population, compared to 5.7 % in July. The data of exchanges, published in various information systems, have been used to create this message. [2008-09-08]