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Brent oil falls below $27 first time since September 2003

The price of WTI oil futures lost 10.7% and reached $24.4 per barrel, the level of June 2002

MOSCOW, March 18. /TASS/. The price of futures contract for Brent crude oil with May delivery on London's ICE fell by 6.9% reaching $26.75 per barrel, as of 16:23 Moscow time.

The last time oil of this grade was at this level in September 2003.

The price of WTI oil futures lost 10.7% and reached $24.4 per barrel, the level of June 2002.