Oil Price below $78 for the first Time since March 2

Global oil prices continue to fall, with Brent falling below $78 a barrel for the first time since March 2, trade data show.

According to this morning’s data, the price of August Brent oil futures was lower by 1.36 percent and amounted to 77.89 dollars per barrel.

At the same time, the July futures of American oil VTI fell by 1.74 percent to 74.73 dollars per barrel.

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