This morning, the New York futures for Brent down 0.37% to $ 50.66 and WTI decreased in price by 0.23% to $ 51.66 per barrel. Thus, the black gold is traded in the red zone on the background of profit taking and growing doubts that an agreement between the major producers on the supply constraints will lead to significant changes.

Russian Energy Minister Novak showed interest in participating in the OPEC's agreement on the reduction of production and said it will make appropriate proposals colleagues from Saudi Arabia.