Brent fell to $63.09 per barrel

Rising COVID-19 incidence and new lockdowns are putting pressure on prices.

Saudi Aramco agrees to sell up to 49% of the oil pipeline business

The transaction amount can range from $10 billion to $15 billion.

Oil prices resumed growth after falling the day before

On Monday, the cost of WTI contracts fell by $2.8

Brent went down to $64.24 per barrel

The OPEC+ decisions were perceived by the market as a signal of growing optimism regarding the prospects for a global economic recovery.

Oil price went down due to decisions of OPEC+ to increase production

OPEC+ countries have agreed to increase production from May.

Saudi Aramco calls supply to China a priority for the next 50 years

The company's CEO predicts an increase in oil demand in 2021.

Oil prices in March-July 2020: record highs

The situation with oil prices has not demonstrated stability over the past 4 months.