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Saturday, October 22, 2016

Up to $43,33 per barrel oil prices dropped with WTI on Tuesday

As reported by Bloomberg, eight in the morning Moscow time at the auction in new York on June futures for WTI crude oil fell by 0.25% to $43,33 per barrel. By this time at the auctions in London the price of July contract Brent has grown on 0,2% – to $43,71 a barrel.

Market analysts believe that trading participants doubted the validity of the recent rally, with prices rising in anticipation of restoring the balance of supply and demand.

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