Last month, Brent crude fell by more than 16%, with last week by almost 9%.
The world prices for oil reference marks continues to fall on Monday, 3 June, on fears of a weakening pace of global economic recovery and falling energy demand due to the trade policy of the United States.
Thus, the cost of the August futures for Brent crude on London’s ICE Futures exchange $61,22 per barrel, or $0.77 (1.24 per cent) below the closing level of the previous session, reports the online edition of the Chronicle.info with reference to the Correspondent.
Futures for WTI crude oil for July in electronic trading on the new York Mercantile exchange (NYMEX) has fallen in price on $0,5 (0,93%) — to $53 per barrel.
Note, last week Brent fell by 8.8%, and in may of 16.3%. The cost of WTI for the week decreased by 6.1%, a month — by 11.4%.
In Ukraine rose sharply autogas
Pressure on the market by the decision of the President of the United States Donald trump to unleash a trade war with Mexico in the ongoing conflict with China.