The world oil prices are dropping during online trading at the London and New York stock exchanges, reported Gazeta.ru news site of Russia.  

Accordingly, the August Futures’ Light Sweet Crude Oil (WTI) has gone down by 0.17 percent and totaled $46 per barrel, at the New York Mercantile Exchange (NYMEX).

And the September Futures’ Brent Crude Oil has reduced by 0.10 percent and reached $48.37 per barrel, at the London ICE Futures stock exchange.