https://sputnikglobe.com/20200420/price-for-wti-may-futures-falls-by-over-25-below-14-for-barrel-for-1st-time-in-21-years-1079029196.html

Price for WTI May Futures Falls by Over 25% Below $14 for Barrel for 1st Time in 21 Years

Sputnik International

MOSCOW (Sputnik) - The price for WTI oil futures for delivery in May has fallen below $14 for barrel for the first time since March 1999, trading data showed... 20.04.2020, Sputnik International

2020-04-20T11:00+0000

2022-12-19T13:52+0000

https://cdn1.img.sputnikglobe.com/img/107893/50/1078935033_0:107:3072:1845_1920x0_80_0_0_50c64720dc40dd2f899ac3631160697c.jpg

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rosiya Segodnya“

252

2020

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rosiya Segodnya“

252

News

en_EN

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rosiya Segodnya“

252

1920

1080

true

1920

1440

true

https://cdn1.img.sputnikglobe.com/img/107893/50/1078935033_0:11:3072:1941_1920x0_80_0_0_c0e8778dcf61b45d9ab8b3335a82ddbe.jpg

1920

true

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rosiya Segodnya“

252

Sputnik International

business, newsfeed, wti

Price for WTI May Futures Falls by Over 25% Below $14 for Barrel for 1st Time in 21 Years

11:00 GMT 20.04.2020 (Updated: 13:52 GMT 19.12.2022)

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. - Sputnik International

MOSCOW (Sputnik) - The price for WTI oil futures for delivery in May has fallen below $14 for barrel for the first time since March 1999, trading data showed on Monday.

As of 1.10 p.m. Moscow time (10:10 GMT), the price for WTI May futures was falling by 25.62 percent to $13.59 for a barrel, which is the lowest level since March 1999.

At the same time, the price for Brent oil futures for delivery in May is falling by 3.85 percent to $27 for a barrel, and the price for WTI futures for delivery in June is decreasing by 8.67 percent to $22.86 for a barrel.