The Russian oil price of the VSO brand first fell under the upper west plank at 60 dollars per barrel.
Oil prices in the world have fallen to the lowest level over the last four years amid fear of demand due to the rising tariff war between the United States and China and the growing prospects of the proposal. Reuters reported this on Wednesday, April 9.
Thus, in morning oil futures for morning oil lost $ 2.38, or 3.79%, and fell to $ 60.44 per barrel. WTI Futures for American Oil fell $ 2.46, or 4.13%, up to $ 57.12. Both contracts have reached the lowest level since February 2021.
The agency recalled that both Brent and WTI had dropped five sessions in succession after US President Donald Trump announced the introduction of duties to most of the imported goods, causing fear that the global trade war would reduce economic growth and hit gasoline demand.
Today, 104% of roles for China have entered into strength.
Against the background of falling oil prices of other brands, Russia’s oil price of the VSO brand first fell under the upper ceiling border with 60 dollars per barrel.
Remember that the Goldman Sachs Investment Company predicts that Brent and WTI oil prices are at $ 62 per barrel and $ 58 to December 2025 and at $ 55 and $ 51 to December 2026. According to “intense” scenarios, Brent price can fall below $ 40 per barrel.
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Source: korrespondent
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