Oil prices have fallen
On the New York Mercantile Exchange NYMEX (New York Merchantile Exchange) the price of WTI (Light Sweet) fell by 2.63% to $ 38.16. On the London ICE (InterContinental Exchange Futures) the price of Brent crude oil fell by 1.37% to $ 41.02.
The unit of measurement for oil is barrels. One barrel is 158.98 liters.
The New York Merchantile Exchange (NYMEX) is an American futures exchange founded in 1882 and ranks first in the oil futures market. Currently trading continues on two stock exchanges: NYMEX: oil, gas, platinum, palladium, ethanol, coal, electricity and carbon dioxide emissions և COMEX gold, silver, copper, aluminum.
The London Intercontinental Exchange (ICE) is the London Stock Exchange of Financial Futures and was established in 1982.
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