Oil prices go down by 8pc during Feb

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Oil prices go down by 8pc during Feb

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Oil prices have been decreased by more that 8 percent during the February.

16 February,2011 06:59 pm

Crude oil prices have showed decreasing trend from mid of January but it upward trend was seen during the Egypt crisis. During the February, oil prices have decreased by more than 8 percent in the world oil markets. In London, during the last two weeks, oil prices have decreased by $7 per barrel. According to the experts, the oil prices have gone down more if the Egypt tension did not occur.