The online transaction data shows that the world oil prices have declined at the London and New York stock exchanges, RBC reported.

Accordingly, the July Futures’ Light Sweet Crude Oil (WTI) has made $47.55 per barrel at the New York Mercantile Exchange (NYMEX).

And the August Futures’ Brent Crude Oil has decreased from $50 and reached $49.93 per barrel, at the London ICE Futures stock exchange.