Oil prices have dropped on the background of the decision of US companies to increase the number of active rigs, as well as strengthening of the US exchange rate against world currencies.
As of 08:30 MSK the cost of the November futures of on light crude oil WTI on the New York Mercantile Exchange (NYMEX) decreased in price to $50.21 (by 0.28%) per barrel.
The cost of the December futures of Brent crude oil on London's ICE trading dropped by 0.10% to $51.91 per barrel.
According to Baker Hughes Inc., rigs targeting oil increased by 15 to 539, RIA Novosti reports.
