Tuesday, August 4, 2015

Brent fell below $ 50 a barrel – BBC

World oil prices continue to decline, this according to the auction.

At 19.13 MSK cost of September futures for Brent crude oil in the course of trading on the London Stock Exchange fell by 3.75%, to $ 49, 82 a barrel.

The cost of the September futures for WTI crude oil for delivery in September in the course of trading on the New York Stock Exchange fell by 2.72% to $ 45.84 a barrel.

A key driver of the fall is the cutting China’s economy, the fall in stock markets of China, as well as fears of the imminent Iran on the oil market.

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