Oil prices collapsed record

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Photo: Lucy Nicholson / Reuters

The price of a barrel of Brent crude oil fell to 61.64 a dollar, which is the lowest rate since the start of 2018, according to the auction on the British stock exchange ICE.

61,64 per dollar on the morning of 23 November, you could buy a futures contract for a barrel of Brent oil with delivery in January 2019. At the time of publication, he went up to 61.83 a dollar.

The annual minimum has also updated the price of a barrel of the American WTI. On the morning of November 23 it cost 52.95 dollar, at the time of publication — 53,21 dollar.

WTI crude oil is traditionally cheaper than Brent. This is due to the fact that prices are set on the hub in the city of Cushing Oklahoma and do not include transportation costs.

Over the past two weeks the price of oil fell more than ten dollars. Recent tender results, analysts associated with the release of statistical data US Department of energy, from which it follows that the fuel reserves in the country increased by 4.85 million barrels instead of the expected 3,45 million.

Video, photo All from Russia.

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