Brent Oil Price Falls Below $74 Per Barrel First Time Since December 2023
3- 3.09.2024, 18:02
- 1,660
![Brent Oil Price Falls Below $74 Per Barrel First Time Since December 2023](https://i.c97.org/p/articles/2015/ai-165598-aux-head-20150821_neft_new445_t.jpeg)
Oil has fallen by more than 4% in a day.
The price of Brent oil futures on the London ICE Futures exchange fell by 4.6% and fell to $73.98 per barrel as of 17:20 Minsk time. The last time oil quotes were traded below $74 per barrel was on December 13.
The price of WTI oil futures for October delivery on the New York Mercantile Exchange fell by almost 4%, to $70.6 per barrel.
Oil prices are falling amid a planned increase in oil production in October by OPEC+ countries.