Oil price goes down

Oil price goes down
# 17 April 2017 08:20 (UTC +04:00)

Oil prices have fallen in world markets.

WTI crude oil on the New York Mercantile Exchange (NYMEX) fell by $0.07 or 85% to $52.73 per barrel.

On London's ICE, Brent fell by $0.3 or 0.79%, to $55.45

The price fall has resulted from the number of US drilling wells increasing steadily for the last 13 weeks.

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