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Economy
Brent crude oil price falls below $72 for the first time since October 1
2024-10-29
Direct Translation via Google Translate. Edited.
[Regnum] The price of Brent crude oil futures for December delivery fell below $72 per barrel during exchange trading for the first time since October 1. This follows from data from the London ICE exchange on October 28.

According to this information, as of 01:01 Moscow time, a barrel of Brent crude oil was priced at $71.99 (-5.34%).

At the same time, by 07:59 Moscow time, the price of this brand of oil was $72.69 (-4.42%). At the same time, the futures for WTI oil for delivery in December fell to $68.5 per barrel (-4.57%).

As reported by Regnum, on the morning of October 26, the Israeli Air Force struck a number of strategic military facilities in Iran, including missile and UAV factories. According to media reports, Tel Aviv used over 100 aircraft for the attack, including the latest F-35 Adir stealth fighter. As a result, about 20 targets were hit. Iran admitted that some facilities suffered “limited damage.”

Later in the day, Iran's oil ministry said that Iran's oil facilities were not damaged by Israeli airstrikes, noting that the country's oil industry was operating normally.
Related:
Brent crude 10/28/2024 Oil prices drop as Israeli strikes in Iran calm markets
Brent crude 10/16/2024 Brent crude oil price falls below $75 per barrel for first time since October 2
Brent crude 10/04/2024 In anticipation of Israel's attack on its oil infrastructure, Iran shuts down Khark Island

Posted by:badanov

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