Brent Crude Oil Futures Drop Below $76/Barrel for First Time Since March 2026
L'essentiel
- Brent crude oil futures for August 2026 delivery fell below $76 per barrel on London's ICE exchange, marking the first time since March 2, 2026.
- WTI crude futures also saw a decline.
Résumé généré par IA
Pourquoi c'est important
The price of Brent crude oil futures for August 2026 delivery has fallen below $76 per barrel on London's ICE exchange for the first time since March 2, 2026.
MOSCOW, June 24. /TASS/. The price of futures contracts of Brent crude oil for August 2026 delivery on London’s ICE has fallen below $76 per barrel for the first time since March 2, 2026, according to trade data.
As of 6:01 a.m. Moscow time (3:01 a.m. GMT), the Brent price was down by 1.48% at $75.94 a barrel.
By 6:06 a.m. Moscow time (3:06 a.m. GMT), the price of Brent had narrowed losses to 1.1% reaching $76.23 per barrel. Meanwhile the price of futures contracts of WTI crude oil for August 2026 delivery was down by 2.07% at $72.33 per barrel.
Questions ouvertes
- What factors are driving the decline in oil prices?
- Will prices continue to fall?






