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MARKET WATCH: NYMEX crude oil drops under $65/bbl
Oil & Gas Journal: Light, sweet crude oil prices fell by more than $1/bbl for a second consecutive trading session on the New York market June 4 while Brent crude oil prices dropped about $1.50/bbl on the London market.
Brent for August delivery closed just under $75.30/bbl on June 4 after having touched 3-year highs last month. The Brent contract for July briefly reached above $80/bbl during May 17 trading but dropped to $79.30/bbl by closing.
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