Quotes of “black gold” of Brent crude fell Wednesday morning to below $ 17 per barrel for the first time since November 2001. The night before the cost of the contract for the supply of American oil WTI in June fell at 54,53%, to 9.29 per barrel. At the moment the quotation fell to 6.55 dollars per barrel.
Oil of North sea Brent crude fell by more than eight percent on Wednesday morning, in early trading session on the world commodity market.
According to the auction, to 06.20 Moscow time quotations of benchmark fell by 8%, to 17, $ 77 per barrel. Already at seven in the morning for barrel Brent gave 16.9 dollars, the drop was of 12.62%.
West Texas crude oil by this time has fallen in price by 3.5% after a strong fall the previous day, to 11.2 dollars per barrel.
on the Evening of Tuesday, several OPEC Ministers+, including Kazakhstan, Nigeria, Venezuela and others, spoke via videoconference and discussed the situation in the oil market.
the Interlocutors confirmed their readiness to reduce oil production in the framework of the reached April 12 agreements and called for regularly holding such conferences to discuss and monitor the situation.
