Peyamner News Agency:- Oil Prices drop below $100 on growth fears

Oil Prices drop below $100 on growth fears

[16:44] 12/Jun/02

PNA-The USA Energy office on Friday 6/2/2012 announced that the same time of publish news of the comparative production in China and dept crisis of Euro Area , the price of crude oil has been dropped below $100 in growth fears in last 16 months ago.

According to the Routers News from New York, the price of light Oil in USA has reached in $85.46 a barrel.

The Price of Oil already in USA has fallen during 5 last week nearly 17%.

The dept crisis of Euro Area and worry about of demanding of Oil ,the reason of serious decrease of Oil’s price and for the first time , the price of oil drop below $100 on growth fears

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