Brent oil is becoming cheaper by more than 3% on a report the IEA

Brent oil is becoming cheaper by more than 3% on a report the IEA


The cost of the February futures for North sea petroleum mix of mark Brent fell 3.09% on IEA data and OPEC. The price of January futures for WTI crude oil decreased to 34,74 dollars per barrel.

MOSCOW, Dec 14. World oil prices actively fall, the price of Brent crude oil falls in the course of trading on Monday by more than 3%, continuing to win back results of session of the OPEC, and the IEA report, according to AFP.

As of 14.44 Moscow time the cost of the February futures for North sea petroleum mix of mark Brent fell 3.09% to 37,14 USD per barrel. The price of January futures for oil of mark WTI has decreased on 2,48%, to 34,74 dollars 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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