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 January Futures WTI oil reduced by 0,55%, totaling to $ 57,67 per barrel on the New York Mercantile Exchange (NYMEX).

The price for January Futures Brent oil cut down by 0,74% to stand at $63,14per barrel on the London ICE Futures Exchange.

To note, one barrel equals 158,988 liters.