Brent Crude Oil Price Drops Below $65 Per Barrel For First Time Since Mar. 16 -Market Data

(@FahadShabbir)

Brent Crude Oil Price Drops Below $65 Per Barrel For First Time Since Mar. 16 -Market Data

MOSCOW (UrduPoint News / Sputnik - 14th November, 2018) The price of Brent crude oil has fallen below the mark of $65 per barrel for the fist time since March 16, market data indicated on Wednesday.

As of 20:39 GMT, the Brent blend futures based on the light North Sea crude oil depreciated by 7.

43 percent to $64.91 per barrel.

At the same time, the price for the WTI Crude Oil has also decreased on Wednesday by 8.31 percent and reached $54.95 per barrel for the first time since November 16, 2017, according to the market data.