Teller Report

WTI crude oil price drops below $ 9 per barrel

4/20/2020, 4:40:23 PM

WTI crude oil futures for May delivery fell below $ 9 a barrel.


This is evidenced by trading data.

According to the data at 19:29 Moscow time on April 20, futures for WTI crude oil with delivery in May are trading at around $ 8.85 per barrel.

As RIA Novosti points out, this brand of oil reached such indicators for the first time in history.

In the morning (08:16 Moscow time) on April 20, May futures for WTI oil reached $ 14.76 per barrel.

The leading analyst of the National Energy Security Fund Igor Yushkov commented on the agreement reached by OPEC + to reduce oil production in an interview with the FAN.

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