Brent falls below $92 a barrel for the first time since August 17
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Oil grade Brent lost about 4% in price per day. The cost of November futures on the ICE exchange fell to $91.95 per barrel for the first time since August 17.
As of 23:50 Brent is trading at $92.1 per barrel. October futures for WTI fell by 3.6% to $86.2 per barrel.
Oil prices began to decline this week after rising on the back of possible prospects for a reduction in oil supply. OPEC+ Technical Committee predictsthat in 2023 the deficit in the world oil market will be 300 thousand barrels per day.
On the decision of OPEC + to increase production – in the material “Kommersant” “You can’t get a hundred a day”.
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