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Brent prices drop below $78 per barrel first time from August 8

WTI futures plunged by 1.86% to $74 per barrel

MOSCOW, August 19. /TASS/. Brent oil futures with delivery in October fell below $78 per barrel on the London-based ICE for the first time since August 8 of this year, according to market data.

Brent futures had tumbled 2.23% to $77.8 a barrel but rolled back later to $78.11 per barrel, down 1.5%.

WTI futures plunged by 1.86% to $74 per barrel.