The price of oil fell below $ 60

Цена на нефть опустилась ниже 60 долларов

“Black gold” has fallen in price on Monday

Brent crude in London fell $0,71, while the price of WTI in new York fell $0,42.

World oil prices reference marks are reduced due to the weak status reports economici China. This is evidenced by data on Monday, January 14.

So, the price of the March futures on North sea Brent crude on London’s ICE Futures exchange 20:30 Kyiv fell by $0,71 (1,17%) to $59,77 per barrel.

In turn, the price of oil WTI for February delivery in electronic trading on the new York Mercantile exchange (NYMEX) was down $0.42 (or 0,81%) – to $of 51.17 per barrel.

We will remind, at the end of last week Brent crude rose by 7.6%, while WTI rose by 9.3% on optimism about negotiations between the US and China in trade and the reduction of fuel supplies from the OPEC+.

The nine-day rally for Brent was the longest since September 2007, WTI for January 2010.

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