Brent oil price falls to $57

February futures price for Brent oil fell to $56.76 per barrel.

The price downturn is observed as low production data in China and concerns about demand prevail over fears about a disruption in oil supplies from Libya, "Korrespondent" writes referring to Reuters.

It was the first time in seven months when in December the activity in factory sphere in China has been reduced. The PMI, calculated by HSBC/Markit, has made up 49.6%. "It is clear that concerns about demand are one of the oil market issues", Michael McCarthy from CMC Markets says.

At 9 am Minsk time February futures for Brent oil fell by 72 cents to $57.18. per barrel after their previous downturn to $56.87. Futures for US light crude lost 57 cents and fixed at $53.55.