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Thursday, June 20, 2013 00:22:21

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Monday 7/2/2012 Oil prices fall again in NYMEX Oil prices were pushed back toward $ 84 Per barrel On Monday. This reduction in price happened because of information provided about the continuing decline by the Chinese after rise oil prices record which had happened after euro zone leaders agreed late June through to cover the area bank.

NIOC news Team 2^nd july-0034GMT today US crude oil prices declined to 84.30 a 66 cents per barrel. Also Brent crude fell 90 cents down to $ 96.90 per barrel. The price cuts happened just three days after the $ 6 and $ 7 rise per barrel for US and Brent crude and it was the largest daily price increase in last three years.
China factories worse incident in June as a key index falling for the past seven months occurred while the process was expected to stop. It is likely the central bank will follow a way to healing the world's second largest economic power.

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