Brent oil recorded the biggest decline since February last year

Brent oil futures for October 2022 on the ICE exchange fell below $92 per barrel for the first time since February 18, 2022.

According to trading data, at 20:59 Moscow time, Brent oil lost 3.34% in price to $91.92 per barrel.

And by 21:04 Moscow time, the fall in the price of Brent crude accelerated, reaching $91.76 per barrel, a decrease of 3.51%. Meanwhile, West Texas Intermediate crude futures fell 3.86% in October 2022 to hit $85.42 a barrel.

Source: TASS

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