Russia » Economics

Saddam Hussein arrest drops oil prices down

Oil prices fall significantly at world oil markets in reaction to the arrest of Hussein.

At the IPE in London the price for Brent brand oil fell by 75 for barrel, reaching US$29.62.

At the electronic trades of New York commodity exchange the price fell by US$1.30. On Monday night one barrel was priced at $31.74 but then raised to 32.13

Market participants believe that the capture of Iraqi ex-dictator may change the situation with the country’s internal security to better, what will positively influence perspectives of its oil industry recovery. At the same time, some specialists call not to rush into conclusions and wait to prove such analysis is correct.

Comments
Russia officially accuses USA of plotting major riots in Russia in 2018
Russia officially accuses USA of plotting major riots in Russia in 2018
Russia officially accuses USA of plotting major riots in Russia in 2018
Brigitte Bardot accuses Hollywood actresses of hypocrisy
Brigitte Bardot accuses Hollywood actresses of hypocrisy
Brigitte Bardot accuses Hollywood actresses of hypocrisy
Russia officially accuses USA of plotting major riots in Russia in 2018
Brigitte Bardot accuses Hollywood actresses of hypocrisy
Brigitte Bardot accuses Hollywood actresses of hypocrisy
UN General Assembly calls Russia ‘occupant power’
Putin unable to win India over as Russia's staunch ally to counter USA's dominance
Can Russia perform under Soviet flag during 2018 Winter Olympics?
Can Russia perform under Soviet flag during 2018 Winter Olympics?
Our social and economic system under the microscope
An attempt at colored revolution in Iran?
An attempt at colored revolution in Iran?
An attempt at colored revolution in Iran?
USA to crush Russia's space industry in 2019
Interview with Andre Vltchek for Farhikhtegan newspaper in Iran
USA and Israel conclude secret agreement against Iran
Interview with Andre Vltchek for Farhikhtegan newspaper in Iran