The price of Brent crude oil fell below $ 28 per barrel for the first time since January, 2016, informing the auction. at 12: 30 (GMT) the Cost of may futures for North sea petroleum mix of Brent crude is reduced by 2, 47% to 28, 02 per barrel, while a minute before the figure was down to 27, 98 to the dollar. The price of WTI crude oil in early trading fell below 26, 05 per barrel for the first time since November 2002, later dropping to 25, 95 dollar. This morning the Russian stock market opened in the red: the index of Masuri fell by 1, 9%, RTS - 4, 2%, dropping below 900 points for first time from August 2016. Exchange rates updated records of 2016: the dollar exceeded the mark of 79 rubles, but then decreased to 77, 34 rubles. The Euro reached 85, 01 ruble. Oil prices and exchange rates fell after the news about the fact that members of the Organization of countries - exporters of oil not able to extend consensus on production cuts. Thus, the Brent oil in the beginning of last week reached the lowest level since January of 2016, WTI - from February of the same year. Another factor affecting the national and global economy, remains a coronavirus pandemic of the disease. on the first day of the week, March 16, Brent has updated a four-year low, slipping more than 12% and falling below $ 30 per barrel. The price of WTI decreased by 10%. However, on the subsequent day prices rebounded slightly. Traders fear that the measures will not prevent the recession of the world economy and will not change the situation around the oil. About the new monetary policy easing, said the fed and the Japanese Central Bank. Before the support was announced the Central Banks of China, Britain and the Euro zone. In addition, the ECB released nearly 100 billion Euros of Bank capital to support lending in the fall. the Cabinet of Ministers of Russia the Central Bank has taken several measures to stabilize the Russian financial market. For example, the regulator last week announced that from March 10 starts a preemptive sale of foreign currency on the domestic market to the moment when will start regular sales of foreign currency funds from the national welfare Fund (NWF). <span style="color:darkgray