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Oil price keeps on falling after drop to lower limit for past 3 months, and Brent is at $39.72 a barrel

09.09.2020,10:39

September 9, Fineko/abc.az. Benchmark oil prices continued to decline on Wednesday, falling the day before to the lowest level since June.

By 9:25 am, at the London ICE Futures Exchange the Brent crude futures for November fell in price by $0.06 (0.15%) to $39.72 per barrel. At the end of trading on 8 September the price of Brent oil futures for November collapsed by $2.23 (5.31%) to $39.78 per barrel.

By 9:25 am, at the New York Mercantile Exchange (NYMEX) the WTI oil futures for October fell by $0.11 (0.30%) to $36.65 per barrel. Following the trading on 8 September the price of WTI oil futures for October declined by $3.01 (7.57%) to $36.76 per barrel.