So, as of 17:01 Moscow time, a barrel of Brent for November delivery cost $ 74.310 (-4.141%). The last time Brent fell below the $75 mark was in early January of this year.
WTI crude futures for October delivery also lost in price, dropping to $71.19 per barrel.
Photo: ru.freepik.com
According to Reuters, the reason for the sharp decline in the cost of hydrocarbons on world markets was the news from Bloomberg about a possible agreement to resolve the dispute in Libya, which stopped the production and export of black gold in the country. Prior to that, the price of oil was also negatively affected by data from China on sluggish economic growth.
It should be noted that at the end of August, the head of government in eastern Libya, Osama Hammad, announced the suspension of hydrocarbon supplies in protest against attacks on the leadership and employees of the Central Bank of the state. He also accused "illegal formations" of trying to "take over finances, including those obtained from oil production."
Recall that at the end of last week, the price of Brent declined after reaching the level of 80.6 dollars per barrel. At that time, the reason for the dynamics was called fears of an escalation of tension in the Middle East.
