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Brent crude oil drops below $ 43, RTS index down by 7%

August 24, 2015, 17:00 UTC+3
Amid the fall in oil prices RTS dollar index fell 7.09% to 708.41 points
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© TASS/Sergei Fadeichev

LONDON, August 24. / TASS /. The price of a futures contract for Brent crude oil with the delivery in October fell 5.46% to $42.98 per barrel on the London Stock Exchange ICE on Monday, reaching its lowest level since March 2009.

Amid the fall in oil prices RTS dollar index fell 7.09% to 708.41 points.

The dollar rate on the Moscow Stock Exchange exceeded 71 rubles, and the euro exceeded 83 rubles for the first time since December 2014.

In the opening session at the Moscow Exchange on Monday, the dollar rate rose by 2.54 rubles to 71.64 rubles. The euro soared by 4.98 rubles to 83.62 rubles.

Infographics Oil prices over 30 years Oil prices over 30 years
Year-average inflation-adjusted oil price. Infographics by TASS

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