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Brent price falls below $75 per barrel ahead of oil cartel’s decision

November 27, 2014, 18:17 UTC+3
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© EPA/Alejandro Ernesto

LONDON, November 27. /TASS/. The price of Brent crude oil has fallen below $75 per barrel for the first time since September 2010, the ICE data suggested on Thursday.

Market players are waiting for a decision by the Organization of the Petroleum Exporting Countries (OPEC) on output quotas.

The Brent price has fallen by more than 30% since June this year.

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