Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Friday, December 9, 2016

The price of a barrel of OPEC oil fell to the lowest level since 2004


A barrel of oil OPEC on Friday updated at least more than ten years, writes “Rossiyskaya Gazeta”. On 29 July, the price had dropped to $38,97. The last time a fall of this indicator below $39 was observed in November 2004.

The average cost of a barrel of OPEC oil in 2016 is us $37.2. For comparison, in 2014, it cost $96 and 29. The cost of a barrel of oil OPEC is the average for raw material producing countries of the cartel (the Middle East, several countries in Latin America and Africa as well as Indonesia).

Meanwhile, the price of oil North sea Brent blend on the morning of Monday, 1 August, kept about $43.4 per barrel.

Related posts:
Office Nabiullina recalled on Thursday two more banking licenses
Putin secretive meeting of the Economic Council: too many differences
The space industry of Ukraine suffered millions in losses due to the rupture of relations with Russi...
It would cut rents

Recommended

More Stories From Economy