Futures for Brent oil futures with delivery in July 2021 at the London Stock Exchange ICE decreased by 4.24%, to $ 65.8 per barrel, indicate the data of the trading platform for the evening of the environment.
By 17:42 MSK, the price of the Brent variety continued to fall and traded at $ 65.35 per barrel, which is 4.89% below the closure level of the previous session, TASS reports. The last time the price of Brent was at the level below $ 66 per barrel on April 28 of the current year.
later Brent price reduction accelerated to $ 65.3 per barrel (-4.96%). At the same time, WTI grade oil decreases by 5.34% – to $ 62 per barrel.
Quotes are reduced against the backdrop of the publication of the Weekly Report of the US Minernergo, according to which the commercial oil reserves in the United States have increased by 1.32 million barrels and on May 14 amounted to 486.011 million barrels.