The price of oil went down


www.vsyako.netPhoto: Yuriko Nakao / Reuters

After a record rise in the price of oil on Tuesday, 17 September, began to decline. As of 11:00 Moscow time of November futures for Brent crude fell by 0.393 percent, to 68,76 per barrel. This is evidenced by the exchange ICE.

The cost of the October futures for WTI decreased by 0.93 percent, to 62,09 dollars per barrel. Yesterday, during trading the price rose by almost 20 percent. This record growth over the past 30 years. After a day of correction they started to grow again and closed with a rise of about 15 percent.

The reason for the growth was the drone strike on an oil plant and a major oil field in Saudi Arabia, which the Kingdom has had to halve production.

For the full restoration of production is given for several months. Riyadh promises to fulfill all contracts within existing reserves, but whether he is able to fulfill the promise, nobody knows. Analysts do not exclude that if the process drags on, the price of oil could jump to $ 100 per barrel.

Video, photo All from Russia.


Please enter your comment!
Please enter your name here