Source Pravda.Ru

After the Beginning of Military Operation Against Iraq Oil Price Drops Down

The price for a barrel of oil in New York in forty minutes after the beginning of the military operation by the United States against Iraq has come down by 1.16 dollars. During the night electronic trading session at the New York commodity exchange the futures price for barrel of "Brent" oil to be supplied in April was fixed at the mark of 28.72 dollars.

Earlier, during the afternoon trading session on Wednesday, the price dropped down by 1.79 dollars, or by 5.7 percent, and reached the mark of 29.88 dollars. The trading session on Wednesday was the fifth at the New York commodity exchange when the oil price was dropping.

On Monday, it still topped the mark of a year ago by thirty percent, today the difference amounts to seventeen percent. At the same time the analysts point out that the tendency, which rests, in the main, on speculations that the war will not last long, may change at any minute under the influence of negative for the the USA reports from Iraq.

Comments
Argentina hides the truth about the death of San Juan submarine
Moving inexorably towards war
Presidential and midterm elections in the USA change the 'American project' entirely
USA plays to pretend a mighty dragon that can no longer breathe fire
Presidential and midterm elections in the USA change the 'American project' entirely
Brexit: The UK's misunderstanding of Democracy
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Nagorno-Karabakh: 20,000 people killed, but no one is interested
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Why Trump tries to re-industrialize America
Russians lose faith in their future, get ready for worse
Theatrical posters depicting naked dancers banned in Russian provincial city
Brexit: The UK's misunderstanding of Democracy
Brexit: The UK's misunderstanding of Democracy