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Falling oil prices to the least last 5 years

On the London Intercontinental Exchange, Brent oil prices fell to $ 2 a barrel for the first time in five years.

Economic correspondent quoted by Dice, in last night’s World Energy Market trading, oil prices Bernounet That is the least since April 5, 2008.

Generally, the price of oil Brent has dropped to $ 4.9 % in the past 7 hours.

The point is to decline in prices in oil futures so that oil prices Brent for delivery in June has risen by 4.9 percent to $ 4.9 per barrel.
US oil prices even failed to maintain a $ 4 channel and dropped at a price of $ 4.9 per barrel at a price of $ 4.9 per barrel.

The reason for the decline in oil prices has been the OPEC Plus decision to increase the daily oil supply of oil to the world market instead of 7,000 barrels of

.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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