The price of Brent crude oil during the trading session on 25 July fell 1.8 per cent to 44.87 per dollar per barrel, according to the website of the stock exchange ICE. American brand WTI fell by 2.07 percent to 43.29 USD per barrel.
Oil price falls amid reports about increasing the number of drilling rigs in the United States. According to Baker Hughes, the number of wells increased by 14 pieces, d
June 30, media reported that Saudi Arabia has moved away from the strategy of increasing sales of oil to the Asian markets and gradually gives way to a share of world trade to their competitors in the hope of a price recovery.
Oil prices collapsed in late 2014 amid rising output in the USA and the reluctance of OPEC to cut quota. In early 2016, they fell to the record low level of $ 25 per barrel, but then began to rise again. In the past two months, prices remained stable in the range of 45-50 dollars per barrel.
about 371. Growth is observed the third week in a row.
