Oil price falls below $68/ barrel in International Market
Business
Oil price falls below $68/ barrel in International Market
The crude oil prices continue to fall in the international market brining the prices below $68 per barrel. In Asian Trading a mixed response was witnessed towards oil prices. The price of New Yorks light sweet crude oil reached to $68.19 after touching figure of $66.92. London Bred North Seas October deliverys deals reached to $66.15 cent from $66.81. According to the statistics issued on Friday, the unemployment continues to exist in the U.S and its ratio has reached to 9.7 percent. The experts believe apprehensions regarding oil consumption still haunt the market while OPEC isnt ready for any change into its production.
