World oil prices have fallen sharply



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  World oil prices fall sharply

Photos: Getty Images

Prices fall because of falling US stocks

Brent crude oil in London drops $ 1.68 and the price of oil WTI in New York dropped to $ 0.66

World oil prices for standard brands dropped significantly. Thus, the price of the August futures for Brent North Sea oil on the London ICE Futures of the London Stock Exchange at 11:20 on Kiev fell to $ 1.68 (2.13%) – at In turn, the price of WTI oil delivered in August at the New York Mercantile Exchange (NYMEX) electronic auction dropped by $ 0.66 (0.04%) to $ 73.45 a barrel.

The decline in oil prices occurred in the context of a sharp decline in "black gold" stocks in the United States. Thus, according to the American Institute of Oil (API), last week's inventories fell from 6.8 million barrels to 410.1 million against the expected decline of 4.5 million barrels.

Analysts estimate that pressure on quotes has planned to introduce Previously, Washington has introduced import duties on goods from China for a total of $ 34 billion.

It was also reported that in June, the United States increased oil production by 100,000 barrels a day – up to 10.9 million b / d.


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