This reduction is caused by investor concerns over an overabundance of raw materials on the market. The price of January futures for oil of mark WTI has decreased on 0,98% to 35.7 USD per barrel.
MOSCOW, 21 Dec. The price of Brent crude during trading on Monday reached the lowest level since July 2004, having gone below $ 36.2 USD per barrel, amid concerns of investors for the overabundance of raw materials on the market, according to AFP.
As at 07.59 GMT the price of February futures for North sea petroleum mix of mark Brent went down on 1,30% to of 36.18 per barrel, dropping below the low of July 2004 36.2 per barrel. The price of January futures for oil of mark WTI has decreased on 0,98% to 35.7 USD per barrel.
