Nearest oil futures prices decrease by 3.42 % - 4.76 % on major world trading floors

/IRBIS, Dinara Mukasheva, September 17, 08/ - By the results of trades of September 16 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in October 2008 decreased by 4.76 % to $91.15 per barrel; - on ICE (London) price of November Brent Forties Oseburg futures fell by 3.42 % to $89.22 per barrel Oil again has fallen on USD appreciating after FRS announcement on retaining of federal financing key rate on 2.0 % level. "Tension on financial markets has grown significantly and labor market continues recession. Economy growth is slowing down, partially reflecting dilution of consumer disbursements. Difficult credit conditions, continuing contraction of housing market and export recession will influence economy growth in next several quarters. With the lapse of time, considerable weakening of monetary policy with continuing measures on market liquidity saturation should help to restrain economy growth" - FRS message says. The data of exchanges, published in various information systems, have been used to create this message. [2008-09-17]