Global Crude Oil Prices Decline After Sustained Rallies
LONDON: International crude oil prices turned downwards from a series of rises.News agencies report that Brent crude oil fell $1.29 a barrel, to $87.69. Meanwhile, U.S. West Texas Intermediate (WTI) crude also tumbled, dropping $1.30 per barrel to close at $81.97 per barrel. The change is blamed on reduced demand forecasts in other parts of the world.