The price of Brent crude oil fell below $79 per barrel for the first time since October 4, 2021, according to the trade data.

At 14:36 Moscow time, the value of January futures fell to $78.66 (minus 3.18 percent compared to the close of the previous trading session). The fall is associated with the threat of the introduction of new lockdowns in Europe, especially in Germany, due to an increase in the number of cases of coronavirus. WTI crude oil was trading at $76.06 (minus three percent).