The price of oil fall on fears of global overflow of oil storage tanks, WTI is cheaper by more than 11%, inform the data of the auction. as of 8: 46 GMT the price of the June futures for WTI decreased by eleven, 28%, to fifteen, 04 dollar, Brent - 1, 96% to 21, 02 to the dollar. While a few hours before the price of Brent for July delivery rose above $ 25, However, later dropped to 3, 79% to 23, 87 per dollar. The prices of petroleum products very quickly collapsed at the beginning of March on the backdrop of significant decrease in demand worldwide due to pandemic coronavirus, as well as after the collapse of the Treaty of OPEC , its members are unable to come to a common opinion nor the extension of the agreement to reduce the production or to change its parameters. In the end, oil prices fell more than 2 times. in these conditions, OPEC countries have entered into a new agreement under which oil production in may and June should be reduced to 9, 7 million barrels per day in 2nd half-7, 7 million, and in 2021 to the end of April 2022-St - by 5, 8 million. However, the world of tanks fill up quickly, investors fear that the reduction of production at this background may be insufficient. Last week the US Department of energy announced reserves increased to 518, 6 million barrels. As informs Agency Reuters, it is close to the historical record 535 million barrels, set in 2017. <span style="color:darkgray