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Brent crude price drops below $48 per barrel

Brent futures for February delivery dropped by 4.5% as of 14:55 GMT to $47.95 per barrel

LONDON, January 12. /TASS/. The price of the benchmark Brent crude fell below $48 per barrel on the Intercontinental Exchange (ICE) in London on Monday.

Brent futures for February delivery dropped by 4.5% as of 14:55 GMT to $47.95 per barrel.