World oil prices on the decline

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

According to the source, the price for December Futures WTI oil reduced by 1,26%, totalling to $55,00 per barrel on the New York Mercantile Exchange (NYMEX).

The price for January Futures Brent oil cut down by 1,40% to stand at $61,34 per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.