A sharp drop in oil prices at the global level


Oil prices fell, during today’s trading, by about 5%, and US West Texas Intermediate crude fell below the level of $ 100 a barrel.

The decline in black gold prices came in light of positive signs for the talks between Russia and Ukraine in Turkey, which took place today, and Vladimir Medinsky, Russia’s chief negotiator said after the talks that the talks between Moscow and Kiev were constructive.

By 15:35 Moscow time, US crude futures “West Texas Intermediate” fell by 6.45% to $ 99.13 a barrel.

Meanwhile, Brent crude futures fell 6.18% to $105.53 a barrel, according to Bloomberg website data.

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