13.04.2020, 10:07
Asian Markets Reacted to Lower OPEC+ Deal Announcement Prices
Source: OREANDA-NEWS
OREANDA-NEWS. At Asian trading, the price of Brent crude oil futures fell 1.29% against the backdrop of the completion of OPEC+ negotiations to reduce oil production. As of 02:03 Moscow time, it amounted to $ 31.24 per barrel.
The news about the OPEC + agreement was also weakly reacted by the indices of main stock exchanges in mainland China. Shanghai Composite Index fell by 0.33% to 2787.28 points, while SZSE Component in Shenzhen - by 0.55%, to 10,241.17 points, according to Investing.com. The main index of the Japanese stock exchange Nikkei 255 fell 0.64%, while the South Korean Kospi - 0.9%.
On the ICE exchange in London, the value of Brent futures for delivery in June fell by 0.57% to $ 31.3. Earlier, it was $ 32.20 per barrel, according to the trading platform. The May WTI futures price fell 0.22% to $ 22.71 per barrel. As of 05:55 Moscow time, the price of a barrel of Brent at auction in London rose by 4%, to $ 32.85, and WTI - to $ 23.9.
The news about the OPEC + agreement was also weakly reacted by the indices of main stock exchanges in mainland China. Shanghai Composite Index fell by 0.33% to 2787.28 points, while SZSE Component in Shenzhen - by 0.55%, to 10,241.17 points, according to Investing.com. The main index of the Japanese stock exchange Nikkei 255 fell 0.64%, while the South Korean Kospi - 0.9%.
On the ICE exchange in London, the value of Brent futures for delivery in June fell by 0.57% to $ 31.3. Earlier, it was $ 32.20 per barrel, according to the trading platform. The May WTI futures price fell 0.22% to $ 22.71 per barrel. As of 05:55 Moscow time, the price of a barrel of Brent at auction in London rose by 4%, to $ 32.85, and WTI - to $ 23.9.
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