Brent Oil Price Experiences Sharp Decline

In November, the price of Brent oil has experienced a sharp decline during stock trading, dropping below $89. This is reported by Кп, citing data from the Intercontinental Exchange.

It is noted that prices have fallen below this threshold for the first time since early February 2022.

As of today, the value of oil increased during trading, reaching approximately $93.77 per barrel. However, around 16:09 Moscow time (17:09 Yerevan time), a sharp decline began, causing the price to drop by almost two dollars within 10 minutes. As a result, at the time of this publication, the daily minimum price of oil has fallen to $88.92 per barrel.