US oil for delivery in October was at 11 o’clock Swedish time fell by 27 cents to 41:05 dollars per barrel. Thus, the price of US oil is about to fall for the eighth week in a row, something that has not happened since, 1986.
North Sea oil for delivery in October was also down 39 cents to 46:23 dollars per barrel . The price of both the US oil and North Sea oil are at their lowest levels in nearly six and a half years.
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