Oil has long not been this cheap

Prices for oil of West Texas Intermediate in the course of trading on the New York Mercantile Exchange fell below $80 per barrel for the first time in the recent 2 years. At the same time the price of oil in London Brent, which determines the value of export of Russian Urals oil dropped below $ 83 per barrel. As economists say, this tendency will continue in the near future.

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