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Brent oil falls below $85 per barrel first time since January 19

Futures for WTI crude oil with March 2023 delivery also fell below 78$

MOSCOW, January. 30 /TASS/. The price of Brent crude oil with April delivery on London’s ICE fell below $85 per barrel for the first time since January 19.

As of 16:39 Moscow time, the price of Brent oil fell by 1.68% to $84.95 per barrel.

By 16:50 Moscow time, the price of Brent oil accelerated its decline and reached $84.63 per barrel (-2.05%). At the same time, futures for WTI crude oil with March 2023 delivery fell by 2.21% to $77.92 per barrel.