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Brent falls to $ 47.09 per barrel

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Brent falls to $ 47.09 per barrel

Brent falls to $ 47.09 per barrel
July 15
10:30 2016

Oil prices fell on Friday, despite the positive Chinese statistics.

The futures contract for Brent crude oil with the delivery in September fell in price by 0.7% – to $ 47.09 per barrel on the London Stock Exchange. The August futures price for WTI crude oil at electronic trading on the New York Mercantile Exchange has fallen by this time by 0.6% – to $ 45.39 per barrel. China is the second largest oil consumer in the world. The growth of China’s GDP in the second quarter remains stable at the level of 6.7% in annual terms, exceeding the forecasted 6.6% by the market.

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