The investor said that June Brent futures fell to $76.07 per barrel on the London ICE Futures exchange, and WTI on the New York Mercantile Exchange also showed a drawdown and dropped to $72.05 per barrel.
"The main factor that affects quotes today is concerns about the US debt ceiling. And although there have already been a number of positive signals, traders are still cautious - after all, the risk that American political forces will not agree among themselves is high, "Sidorov explained.
According to the investor, last week the United States increased commercial oil reserves by 5.04 million barrels.
"In general, in the absence of pronounced negative news on the US financial sector, we can count on the return of Brent prices to the level of $80 per barrel. But so far this seems unlikely to me. Rather, prices will continue to fall until the beginning of June," he added.
Earlier, Deputy Prime Minister Alexander Novak said that since May Russia has reached the promised reduction in oil production of 500 thousand barrels per day.