Media: Saudi Aramco Lowered March Oil Prices in Asia and US Вue to Сoronavirus
So, for American buyers, prices will fall by $ 0.2-0.3 per barrel next month. In turn, the market price of a barrel of Arab Light oil for Asia will decrease by $ 0.8. The cost of futures for Brent crude oil for delivery in April 2020 during trading on the ICE exchange in London is growing by 1.45%, to $ 56.04 per barrel. Futures for oil WTI (Light Sweet) rise in price by 1.95% - up to $ 51.74 per barrel.
Earlier it became known that the experts of the OPEC + technical committee on Thursday will continue the negotiations that began on February 4 in order to analyze the effect of the outbreak of coronavirus from China on the oil market and discuss in this connection the possibility of reducing production.