Brent oil price dips below $50

ASTANA. KAZINFORM Brent crude oil has cheapened in London's ICE down to $49.79 a barrel or by 1.7 percent as evidenced by exchange session results, Lenta.ru reports.

photo: QAZINFORM

Likewise, WTI oil price has gone down to $47.53 a barrel.

The price of 1 oil barrel has lowered below $50 for the first time since May 10, 2017.