Oil prices for 16 December:
WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 1.68% to $74.50 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange down by 2.31% to $79.04 per barrel, “Armenpress” reports.
Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter.
New York’s NYMEХ (New York Mercantile Exchange) is a US futures market founded in 1882. It ranks first in oil futures trade. Currently trade is carried out by the exchange’s two divisions, the NYME...
