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International Oil Prices Fell On The 5th, Closed At $61.44 A Barrel On New York Market
Jan 08, 2018

Affected by the drop of U.S. crude inventories and the political tensions in Iran, the major oil producing country, the international oil prices rose by more than 2% in the first two days, which reach its highest level since 2015.

Analysts said that investors take action to give back the profit to the market on the 5th, the international oil prices fell by pressure.

As of the close, the New York Mercantile Exchange, the futures price of light crude oil delivering in February fell by $0.57 and closed at $61.44 with an drop of 0.92%. The futures price of London Brent crude oil delivering in March fell by $0.45 and closed at $67.62 with an drop of 0.66%. 

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