Oil Rates, Oil Prices Today 08/31/10, Current oil prices. Investment News

The current price of oil, raw materials. Investment News

The current price of oil showed negative figures in New York and London, after three consecutive days to hike the price of a barrel of oil presented a low of $ 0.47 to settle at $ 74.70 per barrel oil prices.

While the price of a barrel of Brent crude (London) had a negative number to fall to $ 0.05 to settle at $ 76.60 per barrel price of crude oil.

This lowers the price of oil falls below $ 75 after trading above $ 75 a barrel for three consecutive days on the rise.

Positive results are expected after the statement by Ben Bernanke, Federal Reserve chairman, about the U.S. economic recovery also requires that the positive rate of unemployment in the U.S. labor market

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