Crude oil traded below $ 37 a barrel Oil prices fell today below 37 dollars a barrel, as stocks in the U.S. grew again last week, and economic statistics from the major developed countries confirms the deplorable state of the world economy.By 8.35 PM EDT February futures on U.S. light crude oil fell by 1.01 dollars to 36.27 dollars per barrel. Futures on the sorts of Brent crude oil cheaper for 0.73 dollars to 44.35 dollars per barrel. International economic news continues to be disappointing, and therefore the prices of raw materials and energy remain under pressure , – said David Moore of Commonwealth Bank of Australia, reported Reuters.
