Brent crude falls below $70 for first time since July 21

The price of October futures for Brent crude on the London ICE further declined to $69.97 per barrel (-0.6 percent), Report informs referring to TASS.

The price of Brent was below $70 per barrel last time July 21 this year.

By 10:50 (GMT+4), the price of Brent continued to decline and stood at $69.9 per barrel, which is 0.68 percent below the level of the previous session’s close.