Trump said that the shortage of black gold will not be
The cost of January futures for Brent oil fell below 75 dollars per barrel for the first time since August 24. This is evidenced by the auction.
So, November 1, as of 12:15 Moscow time the cost of January futures for Brent oil dropped to 74,36 dollars per barrel.
The price of December futures for WTI dropped to 64,94 USD per barrel. The price for this grade has fallen below $ 65 for the first time since August 16.
Oil fell, despite the fact that the President of the United States Donald trump signed a Memorandum of understanding, which requires us companies to abandon oil deliveries from Iran. The Memorandum States that it was compiled on the basis of “careful analysis” of the global oil market.