Crude Oil Price Falls Again in Asian Trading

Wednesday, October 21, 2009 at 5:56 pm

Crude Oil Price Falls Again in Asian Trading, Price of light sweet crude oil in Singapore trading for November delivery reached at 78 dollars and 80 cents per barrel after a decrease of 32 cents while crude oil price at Brent North Sea closed at 76 dollars and 99 cents per barrel with a downfall of 25 cents. Crude oil price was reached at 80 dollars and 5 cents per barrel which was the highest price after October 2008. Experts say volatility in dollar price has great impact on crude oil price.