Brent oil is becoming cheaper by more than 3% on China data

Brent oil is becoming cheaper by more than 3% on China data


The trade data indicate that the cost of the November futures for North sea Brent blend was down by 3.02% to 48,94 $ per barrel, WTI light crude oil – on 2,44%, to 46.56 per barrel.

The survey

What, in your opinion, related to a decrease in oil prices?

  • With increased production
  • The difficult economic situation in the world
  • With the collusion of a number of countries-producers
  • The reason the political situation
  • No answer

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