MOSCOW, May 2. /TASS/. Brent oil futures with delivery in July 2023 dropped below $76 per barrel at the London-based ICE for the first time since March 27, 2023, according to market data.

Brent prices edged down by 4.47% to $75.85 per barrel. WTI oil futures with the settlement in June 2023 declined by 4.53% to $72.35 per barrel.