For the first time in a year … a significant decline in oil prices!

According to trading data, the value of the Futures of Brent crude decreased by 2.3% to $ 69.97 a barrel by 17:57 pm, Russian capital, Moscow.

At 18:02 Moscow time, the rate of decline accelerated to 2.43%, as Brent crude futures were traded at $ 69.88.

According to trading data, the cost of Brent crude futures on the ICE Stock Exchange, which must be delivered next February, has decreased to less than $ 70 per barrel for the first time since last October.

The data indicates that the futures contracts for West Texas crude, which must be delivered next April, are also 2.12%, to reach $ 66.92 per barrel.