Oil prices - another blow

Oil prices dropped on expectations of demand reduction in the deterioration of the unemployment rate in the U.S., reported Bloomberg. The price of the contract in February for WTI on the New York Mercantile Exchange on Friday, fell $ 0,87 - to $ 40.83 a barrel. This is the smallest value of quotes from the December 30, 2008. Fall in prices last week reached 12%. The previous week was recorded growth of quotations by 23%, "Interfax". Number of jobs in the U.S. economy in the past year decreased by 2.589 million, the biggest drop since 1945. In December, the country lost 524,000 jobs, unemployment rose to 7.2% - its highest level in 16 years. Experts fear that the deteriorating situation in the U.S. labor market would reduce consumer spending, including fuel.