Brent crude price dropped below $ 76 per barrel for the first time since September 23

According to RIA Novosti, at 18:12 Moscow time, the cost of January futures for Brent oil fell to $ 75.83 per barrel.

January futures on WTI fell to $ 71.47.

Earlier, Otabek Karimov, Vice President for Commerce and Logistics of Rosneft, said that at the end of the first half of 2022, the oil price could reach $ 120 per barrel.