World oil prices fell sharply

Мировые цены на нефть резко снизились

Brent crude in London fell to $2,12, and the price of WTI in new York fell $2,49.

World oil prices reference marks declined sharply after yesterday’s growth of quotations. This according to the auction on Thursday evening, October 4.

So, the price of December futures for North sea Brent crude on London exchange ICE Futures at 20:40 on Kiev fell to $2,12 (2,46%) – to $84,17 per barrel.

In turn, the price of oil WTI with delivery in November in electronic trading on the new York Mercantile exchange (NYMEX) fell $2,49 (3,26%) to $of 73.92 per barrel.

Before oil prices reached record high, breaking the bar at $ 86 per barrel for the first time in four years. This happened despite the rapid growth of reserves of “black gold” in the USA – 7,975 million barrels in the week to 403,964 million barrels.

Earlier this week, Russian President Vladimir Putin blamed the rising oil price of the American counterpart, Donald trump. To find the culprit of the growth in oil prices, trump needs to look in the mirror, said the Russian President.

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