Nearest oil futures prices decrease by 2.10 % - 2.89 % on major world trading floors

02.10.08 16:51
/IRBIS, Dinara Mukasheva, October 2, 08/ - By the results of trades of October 1 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in November 2008 decreased by 2.10 % to $98.53 per barrel; - on ICE (London) price of November Brent Forties Oseburg futures fell by 2.89 % to $95.33 per barrel Oil decreased after release of the weekly report of the USA Ministry of Energy saying that country's oil reserves grew by 4.3 m. barrels to 294.5 m. barrels, car petrol commodity reserves - by 900 th. barrels to 179.6 m. barrels. Announcement that the USA Congress Senate approved the government plan on $700 bn. bad mortgage assets redemption from the banks corrected oil quotations. 74 senators voted for approving the plan, elaborated by the USA Minister of Finance Henry Paulson and 25 were against. The data of exchanges, published in various information systems, have been used to create this message. [2008-10-02]