Brent crude falls below $74 per barrel

Benchmark oil prices declined during trading on October 22 after a significant rise the day before, Report informs via Interfax.

The price of December futures for Brent crude oil on the London ICE Futures exchange was $73.96 per barrel.

This is $0.33 (0.43%) lower than the closing level of the previous trading session.

The price of WTI crude oil futures for November on the electronic trading of the New York Mercantile Exchange (NYMEX) decreased by $0.21 (0.3%) to $70.35 per barrel in the morning.