Brent falls below $38

The drop in oil prices on global markets caused by doubts about the effectiveness of the meeting in Doha on April 17 continues.

As of 07:39, the price of a barrel of Brent crude dropped 0.13%, reaching $37.64. WTI oil prices dropped by 0.31% to $35.59 per barrel, RIA Novosti reports.

Recall, as Vestnik Kavkaza reported, Mohammed bin Salman said on Friday that Saudi Arabia will only freeze its oil output if Iran does so first.