2021 April 8   09:28

Oil prices start decreasing

Oil prices fell by 0.4%-0.42%

As of April 8 (07:43, Moscow time), Brent Crude futures for June settlement were trading 0.4% lower to settle at $62.91 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange fell by 0.42% to close at $59.52 a barrel.

Oil prices decrease amid concerns over the demand due to increase of coronavirus cases in Asia.

OPEC+ earlier agreed to increase production by 350 thousand barrels per day in May, and the same in June, then 400 thousand barrels per day in July.

News 2025 March 14

2025 March 13

2025 March 12