Brent Crude Price Drops Below $78 Per Barrel First Time Since Start Of October

MOSCOW (Pakistan Point News / Sputnik - 22nd November, 2021) The price of January futures for Brent crude dropped below $78 per barrel in the early hours of Monday, reaching a record low for the first time since October 1.

As of 02:02 Moscow time on Monday (23:02 GMT on Sunday), the price of January futures for Brent was dropping 0.69 percent, to $77.93 per barrel.

The price of January futures for WTI crude was going down 0.56 percent in the early hours of Monday, to $75.19 per barrel.