Date: a month ago   Category: Financial

Prices of oil fell up to 61 dollars for barrel


For last month Brent crude oil fell in price more than by 16%, at the same time for the last week almost for 9%. The world prices for oil of reference brands continue to fall on Monday, June 3, on fears of weakening of rates of global economic recovery and decline in demand for energy carriers because of trade policy of the USA. So, the cost of August futures for Brent oil at the London's ICE Futures Exchange of $61.22 for barrel that for $0.77 (1.24%) there is lower than the level of closing of the previous session. The future for WTI crude oil for July at the electronic trading of the New York Mercantile Exchange (NYMEX) fell in price by $0.5 (0.93%) - up to $53 for barrel. Let's note, for last week Brent fell in price by 8.8%, and in May for 16.3%. WTI cost in a week fell by 6.1%, in a month - for 11.4%. Pressure upon the market was put by the decision of the U.S. President Donald Trump to launch trade war with Mexico at the continuing conflict with China. Also the market is affected by a trade dispute of the USA with China. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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