Crude oil prices shrink in international markets

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Crude oil prices shrink in international markets

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Slow financial growth of Japan and the United States could reduce the demand of crude oil.

12 April,2011 11:52 am

The future contract for crude oil in New York Stock Exchange fell to $107.87 per barrel with a reduction of $2.05.In London Stock Exchange the precise faced a fell of $2.01 and the deals were closed at $121.97 per barrel.According to economists, slow financial growth of two giant economies, Japan and the US, could reduce the demand of crude oil.