Oil prices eased yesterday as the Russian government ..
Oil prices eased yesterday as the Russian government has lifted the threat of a halt to oil sales by Yukos.
US light crude dropped 80 cents to $42.10 a barrel after climbing to a peak of $43.05 on Wednesday.
In London, Brent crude oil fell 83 cents to $38.70 after scaling a 14-year high of $39.68 the day before.
Wednesday?s price peaks were driven by a warning from Yukos will halt its crude shipments.
Traders predicted that the market would stay well supported by concerns that world supplies are being dangerously stretched by strong global demand growth and are vulnerable to disruption.
