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Today, on December 24, the value of oil futures on North Sea Brent, marketed in London in February 2017 on the London Stock Exchange, has fallen to 51, 86 dollars a barrel. The last time the Brent price fell below $ 52 per barrel on September 4, 2017.
As mentioned, the main negative factor for the oil market is the fear of slowing economic growth and the preservation of excess fuel.
