Oil Prices Fell Below $70 Per Barrel
1- 10.09.2024, 18:13
- 1,868
![Oil Prices Fell Below $70 Per Barrel](https://i.c97.org/ai/605581/aux-head-1722870439-20240101_kristof_360.jpg)
For the first time since the end of 2021.
The price of November Brent oil futures on the London ICE exchange fell by 2.95% to $69.72 per barrel, according to trading data as of 17:15 Minsk time. Brent oil is trading below $70 for the first time since December 20, 2021.
Last week, oil prices lost about 10%. This week, prices continued to fall amid signs of weakening global demand and concerns about an oversupply of oil.