Yesterday at the oil trading sessions in London and New York, world oil prices resumed the decline that began last week. Thus, on the International Petroleum Exchange (IPE) in London, the quotes for January futures for the delivery of Brent crude oil plunged by $1.38 cents at once (to $38.27 per barrel).
On the New York Mercantile Exchange (NYMEX), January futures for Light Sweet crude oil lost more than one and a half US dollars in price and fell to $41.46 per barrel.
Today, at the morning electronic trading sessions, Light Sweet crude oil is already trading slightly higher – within the mark of $41.60 per barrel – reports the market analysis department of "LIGA".
According to analysts, yesterday oil again began to become cheaper against the backdrop of forecasts of a noticeable increase last week in commercial heating fuel stocks in the USA, caused by a reduction in demand for it amid significant warming in the northeast of the country.