Crude-futures price down to $77.64 in London, in New York, to $78.02

As of August 11th, IPE Brent Crude futures contract price fell $1.96 to $77.64 a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude plunged by $2.23 to $78.02 a barrel on the New York Mercantile Exchange.