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The oil market has aggravated the decline in auctions on Friday as it is unlikely that OPEC + will take steps to reduce supply in the market.
According to Interfax reports.
"January Brent's January Forward Price The London Stock Exchange's ICE futures contract fell $ 0.93 (1.56%) to $ 58.58 a barrel. This contract ended on November 30. February's more active futures contracts fell by 1.8% to 58.84 dollars per barrel, "reads the publication.
It should be noted that the value of futures contracts on BRENT in January on New York Mercantile Exchange (NYMEX) electronic exchanges fell to this level. Starting at $ 0.95 (1.85%) at $ 50.50 per barrel.
"Since the beginning of the week, the price of oil from the sea North has fallen by 22 cents The American has risen by 8 cents.In meanwhile, since the beginning of November, Brent fell by 22% and WTI, by 23%, the largest monthly decline in quotations of the last 10 years, "the agency notes.
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