Crude oil price is tumbles to $118,2 in London, in New York - to $105,22

On May 2nd, IPE Brent crude oil price for May delivery dropped by $1,46 to $118,2 a barrel on the London-based ICE Futures Europe Exchange. Light Sweet Crude price fell 94 cents to settle at $105,22 a barrel on the New York Mercantile Exchange.