The price of oil Brent for the first time Since November 2002 fell below $ 23 a barrel, inform the auction. as of 10: 53 GMT the Cost of may futures for North sea mixture fell to 8, 54%, 22, 79 dollar, June 5, at 94%, and to 26, 29 dollar. may futures price for WTI decreased by 5, 76% to 20, 27 $ per barrel. Before the first day of the week WTI for the first time Since 2002, fell below $ 20. OPEC countries in early March failed to reach agreement either about the parameters of the Treaty on the reduction of oil production, nor of its extension. Riyadh insisted on additional production cuts, but This did not suit Moscow, offers to save the current rules. in the end, on April 1, the parties to the Treaty OPEC will not have any obligations to each other. Then the Saudis announced that will increase production, lower prices and to offer European buyers a large volume at a discount. This led to the collapse of oil prices in world markets. For the period From January of this year, prices have fallen more than in 2 times. <span style="color:darkgray