MOSCOW, May 30. /TASS/. The price of a futures contract for Brent crude oil with August delivery on London’s ICE fell below $74 per barrel for the first time since May 15, 2023.

As of 16:32 Moscow time, the price of Brent fell by 4.05% to $73.91 per barrel.

By 16:55 Moscow time, Brent oil slowed down its decline and reached $74.22 per barrel (-3.65%). At the same time, futures for WTI crude with July delivery fell by 3.3% to $70.03 per barrel.