The price of Brent crude oil is reduced by more than 4%

April WTI crude futures fell 3.76% to $ 31.74 a barrel.

Futures for Brent crude for May delivery fell 4.05% to $ 34.34 per barrel.

Earlier, Bloomberg reported that Iraq and Kuwait, part of OPEC, followed Saudi Arabia decided to lower their oil prices in April.

On March 9, oil prices fell more than 30% after the OPEC + meeting, which culminated in Russia's withdrawal from the deal.