Oil prices are falling: Brent - $74,87 per barrel, WTI - $70,60

Moscow. September futures for Brent crude oil fell by 46 cents to $74.87 per barrel by 7:47 GMT on July 16. This is evidenced by the auction data.

Quotes of the August contract for WTI oil fell by $0.41 to $70.60 per barrel.

According to the trading results on July 13, the price of September contract for Brent oil at ICE Futures exchange in London increased by $0.88 (1.2%), to $75.33 per barrel, Finmarket reminds.

August WTI futures on New York's NYMEX commodity exchange rose by $0.68 (1%) to $71.01 per barrel on Friday.

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