This morning, New York crude oil futures for WTI fell by -0.78% to $ 47.04 and Brent oil futures were down -0.51% to $ 48.92 per barrel. Goldman Sachs said that market glut will remain and the proposed version of the production freeze at the current record levels, will not help solve the problem. According to experts, the fall in prices was the result of the excessive rally in August, during which prices have risen more than 20 percent.