World oil prices fall

World oil prices fall

As a result of e-commerce in London and New York stock exchanges, the world oil prices are falling, reports.
According to the source, the price for March Futures WTI oil has declined by 1.60 percent making up 52.92 USD per barrel on the New York Mercantile Exchange (NYMEX).
The price for March Futures Brent oil has fallen by 1.72 percent reaching USD 55.27 per barrel on the London ICE Futures Exchange.
To note, one barrel equals 158.988 litres.

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