Oil prices fall slightly

Benchmark oil prices fell slightly during morning trading on September 25 after active growth at the end of the previous session, Report informs referring to trading data.

The cost of November Brent futures on the London ICE Futures exchange was $75.04 per barrel. Compared to the previous trading session, this is $0.13 (0.17%) less.

WTI oil futures for November on electronic trading on the New York Mercantile Exchange (NYMEX) fell in price by $0.19 (0.27%), to $71.37 per barrel.

The oil market - and other raw material markets - received significant support the day before from the large-scale measures announced by China to stimulate the local economy.

Other factors that pushed prices up were the growth of geopolitical tensions in the Middle East and the prospect of another hurricane in the Gulf of Mexico.