Oil prices decline to their lowest level in more than a month

Baghdad, Oil prices closed lower at settlement at the end of trading, Monday, recording their lowest level in more than a month.Brent crude futures fell 23 cents, or 0.3 %, to reach $82.40 per barrel at settlement, the lowest level since the eleventh of last June.'US West Texas Intermediate crude futures for August delivery, which expired on Monday, also fell 35 cents, reaching $79.78 per barrel, which is its lowest level in a month.Source: National Iraqi News Agency