Ukraine in Arabic | Brent crude oil prices slide to new 5-year low
03.12.2014 - 18:02
The spread in December contracts between Brent and WTI oil is $3.60, as of the present time. KYIV/Ukraine in Arabic/ December Brent crude oil futures on the Intercontinental Exchange in London on Wednesday fell by 0.99% to $80.86 per barrel – the lowest price since the summer 2009.
According to an expert from Russian broker firm BKS, Vasiliy Karpunin, the range of $81-82 per barrel Brent was a price level which, when breached, from the point of view of a technical analysis, may cause a further trend for prices to fall to a range of $76.50-77.50 per barrel.
arab.com.ua/en/brent-crude-oil-prices-slide-to-new-5-year-low