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July 11, 2018, 17:07 London, July 11 (Prensa Latina) Oil prices have fallen today in New York and London, reporting losses of more than five dollars after Announcement of the Libya Recovery Crude Oil Exports
In turn, in London, North Brent crude oil contracted $ 5.43, and rejected the negotiated day at $ 73.40 per barrel.
The Libyan national oil company (NOC) announced that the oil (north-east) region will resume production and export of crude, which leaves no effect the state of force majeure that had declared the pbaded 2 July, commented experts.
The remarkable setback of the quote in the two reference markets was attributed in addition to the trade tensions between the United States and China, which could influence world economic growth and, as a result, the demand for fuel. .
Analysts pointed out that Wednesday's price decline was one of the strongest recorded over the past two years.
The price of gasoline for August delivery fell nine cents to $ 2.06 a gallon
Natural gas prices, also in August, gained about four cents to $ 2.83 per thousand cubic feet.
oda / rs
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