Brent oil price fell below $ 50 per barrel

The price of Brent oil for the first time from November 30, 2016 fell below $ 50 per barrel. The fall of oil quotes was facilitated by the data of the US Treasury on the growth of reserves of raw materials in the country.

During the auction, the cost of a barrel of oil Brent dropped by 2.5% and amounted to $ 49.71 per barrel. The price of WTI oil fell to $ 47.38 per barrel.

During the week, commercial oil reserves in the United States grew by 5 million barrels and amounted to 533.1 million barrels.

Against the backdrop of a reduction in oil prices, the Russian ruble weakened. The dollar rate during trading on the Moscow Exchange went up to 58.1 rubles, the euro - to 62.9 rubles.