1. Home
  2. Maritime industry news - PortNews
  3. Oil market starts week with decreasing prices

2020 October 26   09:26

Oil market starts week with decreasing prices

Oil prices fell by 1.77-1.86%

As of October 26 (07:49 Moscow time), Brent Crude futures for December delivery fell by 1.77% to $41.03 per barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for December delivery on the New York Mercantile Exchange fell by 1.86% to $39.11 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.

News 2024 December 9

2024 December 8

2024 December 7

2024 December 6