Updated on
Summary
Crude oil price fell more than four percent in the International Market last week. Business week started with oil prices at $80.50 per barrel in Singapore and concluded at $70 per barrel. A decrease of $3.50 was recorded in the business week. Londons Bred North Seas price at the start of week was $78.92 which decreased to $75.20 when the week ended. Dealers say that according to the report by US Commerce Department, a decrease of 0.5 percent is recorded in Consumer Index in US which decreased oil prices in the markets.
