Price of Brent oil hits 4 years minimum

Price for May of 2020 agreement on the exportation of Brent crude oil has decreased by 9.63% to stand at $ 30,59 for a barrel during trade operations held in ICE London Intercontinental Exchange at 3:19 p.m. Baku time, APA-Economics reports. Brent crude oil prices below USD 31 were recorded on February 12, 2016 for the last time.

The price on the WTI brand has decreased by 6.66% to stand at $ 29,97 by exporting in April of 2020 in NYMEX exchange of New York.