Light, sweet crude oil prices fall

Source: Market Watch
© Scanpx/Reuters
On Tuesday, both prices during the Asian and European sessions fell, as investors continue to observe the developments in Ukraine and Gaza. September futures for light sweet lost 27 cents, 0.3% and now settled down at $102.12 per barrel. Futures for August delivery consolidated at $104.42 per barrel, 17 cents less. Meanwhile, oil stocks dropped 600.000 barrels last week.

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