The price of Brent crude updated at least November 2003
The price of Brent crude oil fell below $ 27 a barrel for the first time since November 2003, informed trading data.
16: 19 Moscow time the cost of may futures for Brent collapses to 6, 51% to 26, with 88 per barrel, the may futures for oil of mark WTI - 10, 72% to 24, $ 4 per barrel.
WTI fell below $ 25 for the first time since November 2002.
As stated by Goldman Sachs analysts to Reuters, " the decline in demand for petroleum products due to the spreading of the coronavirus is becoming more visible."
There are also predict a fall in Brent to $ 20 in the quarter.
After the oil-down stock indexes. Thus, in the process of trading the ruble index Mosberg collapses below 2,100 points for the first time since April of 2018, the dollar index of RTS - 830, 44 points.
The U.S. currency more expensive for tomorrow at 4, 34 rubles to 79, 79, European - 4, 32 of the ruble, 87, 22.
over the past period of time the prices of petroleum products renew multi-year lows due to slowing demand amid the global pandemic coronavirus.
in addition, the negative effect increases the gap of the Treaty of OPEC , which from 1 April will no longer apply the limits on production. During the period from January of this year, oil prices have fallen more than twice.
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