World oil prices are dropping

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

According to the source, the price for November Futures WTI oil fell by 0.70% which is $47.90 per barrel on the New York Mercantile Exchange (NYMEX).

The price for December Futures Brent oil fell by 0.46% reaching $49.96 per barrel on the London ICE Futures Exchange.