MOSCOW, February 28. /TASS/. Brent oil futures prices with delivery in May 2020 dropped by more than 4% to $49.66 a barrel on the London-based ICE today, according to trading data.
The last time Brent oil prices were at the level below $50 per barrel at the turn of July 2017.
At the same time WTI futures with settlements in April fell by 4.5% to $44.95 per barrel, their lowest since January 2019.
Meanwhile the dollar added 2.42% against the ruble to 67.6 rubles per dollar. The euro rose by 2.97% and amounted to 74.7 rubles.