On the afternoon of August 17, U.S. light sweet crude for September delivery fell 1.01 USD to 66.5 USD/barrel, while North Sea Brent crude for October 2009 delivery dropped 79 cents to 70.65 USD/barrel.
Thus, crude oil prices continued their downward trend after preliminary data from the University of Michigan showed that the U.S. consumer confidence index fell 6.6 points to 63.2 in August 2009.
(Kinh Te Viet Nam & The Gioi 18/8)
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