Oil is cheaper during Asian trading for the third consecutive session, since even after the meeting of the OPEC + technical committee in Abu Dhabi, investors doubt that the oil-producing states will ensure full compliance with the agreement on the limitation of production.
The price of the October futures for Brent crude on the London Stock Exchange ICE Futures by 8:00 decreased by 21 cents (0.40%) - to $ 51.93 per barrel.
WTI crude oil for September delivery in electronic trading on the New York Mercantile Exchange (NYMEX) fell by $ 0.14 (0.28%) to $ 49.03 per barrel.
On Tuesday, Brent fell by $ 0.23 (0.4%), to $ 52.14 per barrel, WTI - by $ 0.22 (0.5%), to $ 49.17 per barrel.