Oil prices decline to their lowest level in more than a month

Baghdad, Oil prices closed lower at settlement at the end of trading, Monday, recording their lowest level in more than a month. Brent crude futures fell 23 cents, or 0.3 %, to reach $82.40 per barrel at settlement, the lowest level since the eleventh of last June.' US West Texas Intermediate crude futures for August delivery, which expired on Monday, also fell 35 cents, reaching $79.78 per barrel, which is its lowest level in a month. Source: National Iraqi News Agency