The price of oil brand Brent fell during the bidding for the London Stock Exchange ICE up to 39.77 dollars per barrel, reported AFP. This value was the lowest in the past four years. At the same time, on the New York Mercantile Exchange price of the barrel mark fell to 39.92 dollars.
The fall in oil prices is due to the sharp decline in demand for resources caused by the global economic crisis. Specifically, the recession recorded in the largest consumer of oil in the world - the United States.
Direct quotes on oil futures influenced by negative macroeconomic statistics. According to the U.S. Department of Labor, U.S. employers fell in November, 533 thousand jobs, which was the maximum since 1974.
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