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2020 September 9   09:14

Oil prices decrease amid concerns over new COVID-19 wave

Oil prices fell by 0.53%-0.65%

As of September 9 (07:45 Moscow time), Brent Crude futures price fell by 0.53% to $39.57 per barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for October delivery on the New York Mercantile Exchange fell by 0.65% to $36.52.

OPEC+ approved on April 12, 2020, new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.

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