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