Oil prices fell to their lowest level since the end of July – Kommersant

January oil futures price Brent on the ICE exchange it decreases by 4.414%, to $81.4 per barrel. This is 0.04% lower than the closing price of the previous session. Oil futures WTI for December delivery fell by 4.714% to $77 per barrel (0.27% lower compared to yesterday).

The day before, oil prices dropped to their lowest levels since July 21. In early November, a division of the British group Ernst & Young predicted that the conflict between Israel and the Palestinian Hamas could lead to a sharp rise in oil prices, and losses to the global economy would amount to $2 trillion. According to experts, the price of oil may rise to $150 per barrel.

About the situation on the market – in the Kommersant material “Geopolitics Resources”.