Brent fell to 58.8 dollars a barrel

Starting at 7:49 Moscow time, February's standardized February futures for the North Sea Brent crude oil blend decreased by 1.36 percent to $ 58.8 per barrel and the cost of WTI standardized oil futures of 1.35% to 49.52 dollars.

A key factor that puts a strain on the cost of "black gold" is the fear of a risk of overproduction of raw materials in the world. The reason for sales in the oil market was the data from the commodity badysis company Genscape, which Reuters reported on Monday the growth of oil reserves at the Cushing terminal in the United States. United over a million barrels from 11 to 14 December In this context, oil prices lost more than 2% Monday and remain negative on Tuesday.

"OPEC is cutting production in order to find a balance in the market. However, Cushing's data again They talk about the excess supply of the proposal. The market misunderstands this data, particularly given the slowdown in growth in the global economy, "Frame Frame Hue Frame told Reuters.