Last week was marked by decrease of oil prices in world markets

/IRBIS, according to informational agencies materials May 27, 02/ - Last week on the world market was marked by decrease of raw oil prices of Brent sort from $25,77 on Monday to $23,69 on Friday. In analysts point of view oil becomes cheaper because of decrease of raw material demand in USA. USA are the major users of fuel in the world. Oil reserves in this country according to American petroleum institute (API) report increased by 5.56 million barrels (by 1.8%) to 320.3 million. The statement of the prime-minister of Russia Mikhail Kasyanov from May 17 about the coming gradual increase of oil export volumes also was a reason of price decrease as the increase of "black gold" delivery from Russia and Norway is forecasted. Meantime during the whole last week USA administration informed about the threat and inevitable attacks of Arabian terrorists on USA. This adversely affected American stock market where there were bear moods. In accordance with IRBIS specialists opinion the resulting affect upon the market of the factors mentioned above may be stabilization of oil prices within the current week. [2002-05-27]