Oil price down $1.80 to $76.29 in London, in New York at $78.17 (-1.83)

As of February 25th, the IPE Brent Crude February futures contract fell to $76.29 (-1.80) a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude dropped by $1.83, to $78.17 on the New York Mercantile Exchange.