The price of a barrel of Brent fell below $45 during the counting of votes in the United States

The work of the London stock exchange

Photo: Reuters/Pixstream

The price of Brent crude oil, on 9 November, struck a local minimum, and fell below $45 per barrel

At the auctions in London the price of Brent crude oil fell below $45 a barrel the last time at these levels crude was in early August 2016.

As of 5:28 GMT per barrel of Brent on the stock exchange gave $44,8.

Oil is cheaper from October 19, when the price of Brent crude exceeded $53 per barrel.

On the eve of counting of votes on elections in the US, OPEC issued a forecast according to which by early next decade, oil will cost about $60 per barrel.

By the end of 2016, the average price oil “baskets” the OPEC will be $40 per barrel and will rise by $5 every year until 2021, said in the forecast. Thus, in 2021, the price of oil, OPEC set at $65 per barrel, in 2015 prices equivalent to $60, according to the report cartel.

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