The price of Brent at the moment fell below $78 for the first time since March 31 – Kommersant
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The price of July futures for Brent crude fell below $78 per barrel in trading on the London ICE exchange. Brent traded at this price for the first time since March 31 this year.
By 21:33 Moscow time, Brent was selling at $77.99 per barrel, down 3.43% since the opening of trading this morning, April 26. By 21:45, it dropped to $77.73 per barrel. June futures for WTI crude fell by 21:45 Moscow time by 4.35% from the opening of today’s trading to $74.09 per barrel.
By forecasts Bank of America, in 2023 the price of a barrel of Brent oil will increase to an average of $100. The expected growth is expected due to a recovery in demand for oil in China and a reduction in Russian oil supplies.
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