Date: 5 months ago   Category: Financial

Oil becomes cheaper again: in a day lost more than 3%


The cost of Brent crude oil exceeded 54 dollars for barrel earlier, but today fell in price almost by two dollars. The world prices for oil of reference brands accelerated decrease on Thursday, December 27, after jump the day before. So, the February future for Brent oil at the London's ICE Futures Exchange fell by 18:20 by $1.77 (3.25%) - up to $52.70 for barrel. The contract for WTI crude oil with delivery in February at the trading of the New York Mercantile Exchange (NYMEX) fell in price by $1.587 (3.42%) - up to $44.64 for barrel. Let's note, the day before Brent oil flew up for 7.9%, WTI - for 8.6%, before it having lost more than 6%. Let's remind, last week the prices of "black gold" fell off for 5% because of signals from U.S. Fed of decrease in growth rates of the American economy and lower demand for oil against the background of its overproduction. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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