WTI oil dropped below $ 24 per barrel. The dollar exchange rate jumped above 80 rubles for the first time since February 2016

Update (21:37)

The euro in the Forex market exceeded 90 rubles, RIA Novosti reports .

Update (21:02)

The euro on the Moscow Exchange, following the dollar, also rested on the permissible maximum of 88.72 rubles, RIA Novosti reports . At international auction, where there are no ceilings, the dollar is already 82 rubles.

Update (20:35)

Brent oil has fallen below $ 25 per barrel for the first time from May 12, 2003, the data of bidding testify . The price of the WTI variety fell below $ 22 for the first time since March 1, 2002.

Update (19:51)

The dollar rested on a mark of 80.87 rubles, this is the maximum allowable level of the Moscow Exchange on March 18, Interfax reports. It is impossible to set applications above this level, to continue “normal” bidding, it is necessary to expand the boundaries of the oscillations of the ruble exchange rate within the framework of one trading session. The euro during the auction exceeded 87 rubles.

World oil prices on March 18 fell by 7-12%, while the price of the WTI variety dropped below $ 24 per barrel, the data of trading indicate. Brent oil fell below $ 26 per barrel for the first time since September 2003.

At the same time, the dollar on the Moscow Exchange exceeded 80 rubles. This happened for the first time since February 2016. In the moment for $ 1, 80.01 rubles were given, but then it “rolled away” to 79.95 rubles.

On March 6, the OPEC+ transaction participants did not agree to reduce production for an additional 1.5 million barrels per day. Russia opposed such a measure. Against the background of these news on March 9, oil prices collapsed, the cost of Brent oil oil in the moment fell to $ 31.02 per barrel. This has become a strong drop in oil prices within one day since 1991.

All this led to the fall of the ruble - the dollar exchange rate exceeded 75 rubles in the moment, and the euro - 85 rubles. Following this, the cost of Russian securities in the stock markets also fell. So Rosneft shares on the Moscow Exchange fell 16.91%, Lukoil by 18.65%, Surgutneftegaz - by 13.58%. Against the background of the announcements of the pandemic, American markets began to fall due to coronavirus. Bloomberg analysts calculated that the cost of the dollar can reach 97 rubles.