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The Cost of Brent crude oil fell below $ 55



The price of crude oil Brent fell below $ 55 a barrel on London's ICE Futures exchange this morning.



20.Apr.17 8:57 AM
By Christina Orlina
Photo Toinnov.com

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The Cost of Brent crude oil fell below $ 55
The price of the June futures fell to 54.79 8.00 USD per barrel. At the same time, the cost of the May oil futures WTI on the new York Mercantile exchange (NYMEX) fell to 52,33 per barrel Noindex.

Prices continue to decline on yesterday's inventories data in the United States. The American petroleum Institute (API) yesterday reported that fuel reserves in the country began to fall at a slower pace. The rate dropped almost three times: 2.17 million barrels last week against 840 thousand last.

Yesterday the experts of the International monetary fund raised its forecast for average oil prices in 2017 to of 55.23 per barrel, for the year 2018 - up to 55,06.



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