2020 September 29   09:54

Oil prices are decreasing

Oil prices fell by 0.4%-0.69%

As of September 29 (08:17 Moscow time), Brent Crude futures price fell by 0.4% to $42.26 per barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for November delivery on the New York Mercantile Exchange fell by 0.69% to $40.32 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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