A worker walks at a Tullow Oil explorational drilling site in Lokichar, Turkana County, Kenya, February 8, 2018. (photo Reuters)
A worker walks at a Tullow Oil explorational drilling site in Lokichar, Turkana County, Kenya, February 8, 2018. (photo Reuters)

The price of futures contracts of Brent crude oil for June 2020 delivery has extended losses on London’s ICE to 28.55% compared with the previous closure trading at $18.27 per barrel, according to the trading data as of 12:34 am Moscow time.

The price of Brent crude was last below $19 per barrel in January 2002.

Meanwhile the price of futures contracts of WTI crude oil for June delivery was down by 42.29% at $11.79 per barrel.

The dollar is up by 2.08% on the Moscow Exchange at 77.12 rubles amid this background, while the euro exchange rate is up by 1.99% at 83.55 rubles.

Source: TASS, April 21, 2020