HomeEconomyOil: Brent falls below 80 dollars, for the first time since January

Oil: Brent falls below 80 dollars, for the first time since January

Brent oil has temporarily fallen below the threshold of 80 dollars a barrel in anticipation of a new rate hike by the main central banks and while the new sanctions on Russian crude have been in force since yesterday.

Brent oil briefly fell below the symbolic bar of $80 a barrel on Tuesday, weighed down by a possible burst of rate hikes by major central banks, amid uncertainty about the impact of new sanctions against the Russian crude.

By 17:00 GMT, North Sea Brent for February delivery, the benchmark for black gold in Europe, was down 3.14% to $80.08, when its US equivalent, WTI for January delivery, it fell 2.90% to $74.72 per year. barrel.

>> More information to come on BFM Business in a few moments. You can also watch BFM Business live on video and Follow us on Twitter.

Author: TT with AFP
Source: BFM TV

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