AccentForex - Analytics

    AccentForex

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    The decline of oil (Brent) prices

    A worker holds a cup of heavy oil before it is shipped to the market at the Cenovus Energy Christina Lake SAGD project south of Fort McMurray

     

    Price of August. oil contract (Brent) per barrel decreased. (Results June 15 on the stock exchange ICE (London))
    Reduced to $ 0.86 led to the fact that oil is now a price of $ 48.97 per barrel.
    Today (05:00 London), this decline continued up to $ 48.52 per barrel (- $ 0.45).
    July futures fell by WTI (New – York, NYMEX). Reduced to $ 0.48. The price is now at $ 48.01 per barrel
    Today (05:00 London) price of WTI futures fell to $ 47.49 per barrel (- $ 0.52).

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