Brent crude drops to $88.26
33- 10.10.2014, 9:55
- 18,610
Brent crude prices continue to drop to the lowest level, though production wasn't cut.
Bloomberg writes about it, RBC reports.
November Brent futures fell to $88.38 a barrel in London at 09:31 Moscow time on October 10. This is the lowest price since December 2010. The contract closed at $90.05 a barrel on October 9.
WTI crude oil closed at $85.77 on October 9 and declined to $83.59 on the morning of October 10, the lowest level since December 2012.