The cost of the September Brent crude oil futures on the London ICE Futures Exchange fell to $ 49.08 a barrel. The minimum value was reached at 19:05 MSK. This is a record low in January 2015. As of 19:15 MSK, a barrel of oil traded at $ 49,30.
Along falls and the price of WTI crude oil on the New York Mercantile Exchange. Oil futures this brand for September delivery fell to $ 44.94 a barrel. As of 19:20 MSK, WTI traded at $ 45.15 a barrel.
Compared with the beginning of the opening of trading, Brent crude oil prices dropped almost 80 cents, WTI – by about 70 cents.
On Monday, Brent crude fell below $ 50 a barrel. On Monday night, a barrel of oil was trading at $ 49.95, which also was the minimum value since January 2015. However, prices are slightly on Tuesday played their fall, and Brent crude was trading just above $ 50 a barrel.
In the course of the day positive trend in oil prices persisted and was mainly due to the expectations of the weekly reduction of oil reserves in the US , noted RBC-Quote.
However, the published data on the dynamics of reserves and production of fuel in the US have been mixed. According to them, the commercial crude oil inventories for the week fell much more than expected. This indicator fell by 4.4 million barrels., While analysts predicted that the decline in stocks will be 1.5 million barrels. In addition, gasoline inventories increased by 0.8 million barrels., While analysts, on the contrary, had expected a decline of this indicator.
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