The price for Brent oil futures for delivery in May is falling below $22 per barrel for the first time since March 4, 2002, trade data shows on Monday
MOSCOW (Pakistan Point News / Sputnik - 30th March, 2020) The price for Brent oil futures for delivery in May is falling below $22 per barrel for the first time since March 4, 2002, trade data shows on Monday.
As of 6.20 p.m. Moscow time (15:20 GMT), Brent futures for delivery in May were decreasing by 11.95 percent to $21.95 Dollars per barrel, which is the lowest level since March 2002. Brent futures for delivery in June are falling by 8.41 percent to $25.6 per barrel, and WTI futures for delivery in May are seeing a 5.58 percent drop to $20.31 per barrel.
