Oil prices fall on world stock exchanges, barrel still below $100

Patria
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11:19
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Oil prices fall on world stock exchanges, barrel still below $100

SARAJEVO, (Patria) - Oil prices on the world market are down today after five consecutive days of growth.

In London, the price of North Sea "Brent" crude oil fell by 85 cents and is now $97.07 per barrel.

In New York, the price of light crude oil is down by 80 cents and stands at $91.84 per barrel.

Analysts state that the cause of the oil price drop are the latest reports on the slowdown of economic activity in China, which is the world's largest oil importer, thus increasing concerns about a drop in demand for this energy source.

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