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 fell by 0,92% which is 47,18 USD per barrel on the New York Mercantile Exchange (NYMEX).

The price for October Futures Brent oil fell by 1,02% reaching 49,48 USD per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.