Brent oil price below $78 per barrel first time since December 12

Brent oil price below $78 per barrel first time since December 12
# 04 January 2023 23:12 (UTC +04:00)

The price of a futures contract for Brent crude oil with March delivery dropped below $78 per barrel for the first time since December 12, 2022, on London’s ICE, APA reports citing TASS.

According to the exchange, the price of Brent oil fell by 5.08% to $77.93 per barrel.

In the meantime, WTI crude oil futures with February delivery fell by 4.55% to $73.43 per barrel.

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