Prices of WTI crude oil falls below $46

The price of WTI U.S. light crude futures fell by 4.94%.

This is demonstrated by trading results, Censor.NET reports citing Gazeta.ru.

Futures price of WTI U.S. light crude oil dropped below $46 at the New York Mercantile Exchange.

Read also: Most developing countries will benefit from oil price slump - World Bank Group

Thus, the value of the contract constituted $45.97 per barrel.

The cost of Brent crude at London's ICE trading also continues to decline. As of 22:53 MSK February futures contracts fell by 5.4%, to $47.4 per barrel.