Brent price drops to $77 per barrel on ICE first time since November 16

The price of Brent oil futures contract with February delivery on London’s ICE fell below $77 per barrel for the first time since November 16, according to trading data, SİA reports.

As of 1:59 Moscow time, Brent oil decreased by 1.53% to $77 per barrel.

By 2:14, Brent futures remained at the same level of $77 (-1.53%). At the same time, futures for WTI oil with January delivery decreased by 1.33% to $72.08 per barrel.

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