28.04.2020, 10:02
Brent Oil Price Falls Below $ 19
Source: OREANDA-NEWS
OREANDA-NEWS.The cost of futures for Brent crude oil for delivery in June 2020 on the London ICE exchange falls by 5.15% to $ 18.96 per barrel, according to trading data at 05:29 Moscow time.
As of 05:40 Moscow time, however, the price of Brent crude oil began to partially win back the fall: its price rose to $ 19.15 per barrel. In turn, the June futures of the WTI grade are losing 15.02% and are trading at around $ 10.86 per barrel.
Oil quotes have been sinking since the beginning of the week: on Monday, the cost of the June contracts for the supply of Brent crude oil fell below $ 20 per barrel, and WTI varieties fell below $ 14.5.
As of 05:40 Moscow time, however, the price of Brent crude oil began to partially win back the fall: its price rose to $ 19.15 per barrel. In turn, the June futures of the WTI grade are losing 15.02% and are trading at around $ 10.86 per barrel.
Oil quotes have been sinking since the beginning of the week: on Monday, the cost of the June contracts for the supply of Brent crude oil fell below $ 20 per barrel, and WTI varieties fell below $ 14.5.
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