The futures price of the Brent raw oil is 27.75 USD per barrel as of April 20, 10:45.
The WTI oil futures price totalled 15,19 USD per barrel.
As for the OPEC oil basket, one barrel of the oil costs 17,73 USD, while one of the primary markers of Dubai costs 29,77 USD.
Oil has still depreciated. As CNN reports, the oil futures price on WTI decreased by 15%, while the Brent type oil price dropped by 4%.
On April 20, 2020, the WTI oil price included 15,92 USD, while the Brent oil price is 27 USD.
Analysts say the oil price has hit the lowest rate for 21 years.
Bela Gelashvili
News Author