8 minutes agoOil prices drop to lowest level from start of war in Ukraine
Periskopi(4 years ago)
(4 years ago)Oil prices drop by $5 at the lowest level since before Russia invaded Ukraine. The last landing has pushed crude Brant oil, the reference point in the North Sea, to a lower level of $992.78: this is the lowest common level since [...]
The latest decrease has pushed crude Brant, a reference point in the North Sea, to a lower level of $992.78: this is the lowest common level since Vladimir Putin ordered the launch of Ukraine's Russian invasion.
The major decline in Monday's oil price coincided precisely with the lowest earlier level following the invasion, which was reached on August 5th, reports theuardia.
Brent's prices peaked on March 7th at $1 139.13, when concerns about supplies from Russia peaked.
They have more than $100 left for most of the time since then a rare first level in history.
It's a similar story for West Texas Intermediate, North American Standard, which reached a low level of 86,82 dollars, the lowest since February 3rd.
