Oil prices continue to fall

Today world oil prices accelerated their fall, due to the state of the Chinese economy. Its weakening may increase the pressure on prices due to an overabundance of supply on the world oil markets.

Thus, the price of March futures for Brent crude declined 5.35% to $32.12 per barrel. Earlier it fell more than 3% to $32.84 a barrel. The price of February futures for WTI crude oil fell 4.67% to $31.61 per barrel, RIA Novosti reports.