Doubts about stabilization of prices make Brent cheaper

Today the world oil prices dropped again against the background of market participants' doubts in effective actions by the producing countries to stabilize prices.

As of 07:55 the October futures for Brent oil dropped 0.2%, reaching $49.57 on the ICE Exchange in London. 

The October futures for WTI oil decreased in price by 2 cents to $47.31 per barrel at the New York Mercantile Exchange (NYMEX).