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2020 September 23   09:41

Oil prices decrease amid information about growing US reserves

Oil prices fell by 0.67%-0.88%

As of September 23 (07:50 Moscow time), Brent Crude futures price fell by 0.67% to $41.44 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 0.88% to $39.45 per barrel.

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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