During today's tender the world oil prices show a negative trend due to the effects of the March data report of the International Energy Agency (IEA), Joinfo.ua reports.
As of 6.55 a.m. Moscow time, the April futures price for Brent crude oil has decreased by 0.64% – down to 54.32 dollars per barrel. The April futures price for WTI crude oil has fallen by 1.09% – down to 44.35 dollars per barrel.
According to analysts, the world oil prices began to decline on Friday after the March report by the International Energy Agency (IEA) was published. The agency suggests that the U.S. may soon exhaust its reserves for resource storage, which will significantly affect the price of oil in the next few months.