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- The price of a barrel of Brent crude oil fell below $ 43 for the first time since April 20
The price of a barrel of Brent crude oil fell below $ 43 for the first time since April 20
Futures price for Brent crude oil delivery in September 2016 on the ICE exchange in London fell compared to the previous closing level of by 2.18% - to 42.99 dollars per barrel. Thus, oil prices fell below 43 dollars a barrel for the first time since 20 April.
Reduced oil continues against the backdrop of US Department of Energy data that show a increase in commercial oil reserves in the country. In particular from 15 to 22 July they rose by 3.2%, or 1.64 million barrels to 521.1 million barrels. At the same time, analysts had expected a decline of stocks by 2.26 million barrels, shows the Bloomberg survey.
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