Oil fell below $35

Brent crude oil for the first time since 2004 fell below $35 per barrel. On the London Stock Exchange on Wednesday, the minimum price was $34.83 dollars per barrel. At the same time, the American WTI oil fell to $35.04.

Also, the  market participants expect the data on the growth of crude oil reserves in the USA, to be published on January 6. Experts estimate the growth in supply of 500 thousand barrels.

The worsening  relations between Iran and Saudi Arabia has no effect on the oil quotations. -02D-

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