The price of Brent crude oil exceeded $ 34

Photos: Moscow 24/Anton Velikzhanin

on Tuesday it became known that the cost of the futures on Brent crude has increased by 3.24% on the London exchange ICE. As a result, the oil price amounted to 34.12 per barrel, according to “Gazeta.ru”.

in addition, according to the stock exchange the futures price of WTI crude oil added 4.1%, reaching $ 27.15 USD per barrel.

among the factors that had a negative impact on the global economy, in addition to coronavirus, the Minister of energy of Russia Alexander Novak called the drop in oil prices due to the failure of the transaction OPEC+.

In March, the cartel members failed to agree on reducing oil production by 1.5 million barrels per day by the end of this year. As a result, Russia and Kazakhstan refused.

In turn, the co-owner of LUKOIL Leonid Fedun said that the decision on the cancellation of the transaction by the irrational. According to his forecast, Russia will lose every day up to $ 150 million.

READ ALSO:  3 Pros and Cons of Cryptocurrency Trading in 2020

experts have Previously called the goods, which will rise after the fall of the ruble.

see also

the collapse of the ruble. Expert opinion and possible posledstviyakh spoke about the impact of changes in exchange rates on the Russians Plot:Fall in oil prices and the ruble exchange rate