OREANDA-NEWS. The cost of futures for Brent crude oil for delivery in June 2020 during trading on the ICE in London fell by 17.33% - to $ 15.98 per barrel, according to trading data at 07:35 Moscow time.

The cost of the WTI oil futures falls by 4.75% and is at around $ 11.02 per barrel. Earlier it was reported about a decrease in the cost of futures for Brent crude oil by 13.55% - to $ 16.71 per barrel. The price dropped below $ 17 per barrel for the first time since November 2001. This is evidenced by trading data at 06:45 Moscow time.

According to trading at 06:27 Moscow time, the cost of futures for Brent crude oil decreased by 7.86% to $ 17.81 per barrel. Oil quotes are sagging amid news of a continuing increase in the number of coronavirus infected.