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The price of oil decreased from $76 per barrel to $70 per barrel. What is the percentage change in oil prices?

The price of oil decreased from per barrel to per barrel. What is the percentage change in oil prices?

This entry was posted on Monday, May 3rd, 2010 at 2:45 am and is filed under Crude Oil. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “The price of oil decreased from $76 per barrel to $70 per barrel. What is the percentage change in oil prices?”

  1. capwest5a Says:
    May 3rd, 2010 at 2:45 am

    ( $70 / $76 ) = 0.921

    Price of oil declined by (1.000 – 0.921) = 0.079 = 7.9%

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