Global oil prices down

The global oil prices are falling according to the e-commerce results, Russian state news agency RIA Novosti reports.

According to the source, the price for March futures Brent oil reduced by 0,19% to settle at $61,56 per barrel.

The price for February futures WTI oil dropped by 0,11% totalling to $52,53 per barrel.

To note, one barrel equals 158,988 liters.