The price of oil fell below $ 60

Цена на нефть упала ниже 60 долларов

Energy Minister of Saudi Arabia said that any discussion of deepening production cuts under OPEC deals possible only in December.

World oil prices reference marks are significantly dropped after the meeting of the Ministerial monitoring Committee of OPEC+. This is evidenced by trading on Tuesday, September 12.

So, as of 17:00 Kyiv time, the November futures Brentна the London stock exchange ICEFuturesупали down $1.50 (2,47%) – to $59,31 per barrel.

The cost of the futures on October WTIна on the electronic session on the new York Mercantile exchange (NYMEX) decreased by $1,38 (2,48%) – to $54,37 per barrel.

Thus, the spread between the current contracts for brand Brentи WTIсоставляет $4,94 in favor of Brent.

On Thursday in Abu Dhabi hosted a meeting of the Ministerial monitoring Committee of OPEC+. The Minister of energy of Saudi Arabia Abdulaziz bin Salman al Saud said that any discussion of deepening production cuts under OPEC deals possible only in December.

On the eve of Wednesday the price began to fall after the statement of the President of the United States Donald trump about a possible easing of the sanctions policy against Iran.

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