World oil prices dropping

As a result of e-commerce in London and New York stock exchanges, the world oil prices are dropping, Gazeta.ru reports.

According to the source, the price for September Futures WTI oil rose by 1,32% which is 47,88 USD per barrel on the New York Mercantile Exchange (NYMEX).

The price for October Futures Brent oil rose by 1,57% reaching 50,08 USD per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.