An oil pump jack in an oil field near the city of Almetyevsk. (Photo Credit: Yegor Aleyev/TASS)

The cost of futures contracts of Brent crude oil for April 2020 delivery decreased by 3.52% to $50.95 per barrel on London’s ICE on Thursday, according to the trading data as of 5:08 pm Moscow time.

The price of Brent future was last below $51 per barrel at the end of December

Source: TASS, February 27, 2020