Thursday, July 17, 2008

SK Net Service Company Ltd: International oil prices continued to fall on Wednesday, closing price dropped to 134.6 U.S. dollars

This business news is provided from the SK Net Service Company Ltd

Comprehending foreign news agencies, the closed price of international crude oil on Wednesday went down 4.14 U.S. dollars or by 3% to 134.60 U.S. dollars a barrel.It is the second day of declining, the market was surprised for the rising inventories of oil and oil product inventories.

New York Mercantile Exchange, August crude futures settled down 4.14 U.S. dollars, 134.60 U.S. dollars a barrel, or 3 percent of the London Futures Exchange, August Brent crude-oil futures fell 2.56 U.S. dollars, 136.19 U.S. dollars a barrel.

In the deal of late month, gasoline futures in August settled down 10.54 cents to 3.2794 U.S. dollars per gallon, or 3.1%. August heating oil futures settled down 7.80 cents to 3.8410 U.S. dollars per gallon, or 2 percent.

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