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Global oil prices continue to decline
Energy
- 30 September, 2022
- 06:28
Global oil prices fell on September 30 morning, they can also end the third quarter in the red - for the first time since 2020, Report informs referring to the auction data.
The price of December futures for Brent crude fell by 0.36% to $86.87 per barrel, November futures for WTI - by 0.34% to $80.95.
Since the beginning of the current quarter, Brent has fallen in price by 24.4%, WTI - by 24%. The quarterly decline in oil prices will be recorded for the first time since 2020, when prices fell by more than 60% in the first quarter.
Traders expect decisive action from OPEC+.
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