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Price for barrel of Brent crude oil falls below $ 50 for first time in 6 years

Business Materials 7 January 2015 13:44 (UTC +04:00)

Baku, Azerbaijan, Jan.7

Trend:

The price for a barrel of Brent crude oil fell Jan.7 on the London Oil Stock Exchange below $50, TASS Russia news agency said.

The price per barrel here was $49.98, which is the lowest price since 2009, according to the latest data.

Today, the barrel has already lost 2.15 percent of the cost ($ 1.12).

It was earlier reported that the cost of supplies of Texas light crude oil (WTI) in February fell by $2.11 (4.22 percent) at trading in New York to $47.93 per barrel. The last time it was at that level was during the global financial crisis of 2008.

Translated by EA

Edited by CN

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