Brent prices drop below $70 per barrel on ICE, first time since December 20, 2021

Business & Economy September 10, 18:23

WTI futures with the settlement in October lost 3.54% to $66.16 per barrel

MOSCOW, September 10. /TASS/. Brent oil futures with delivery in November plunged below $70 a barrel on the London-based ICE for the first time since December 20, 2021, according to trading data.

As of 05:11 p.m. Moscow time, Brent futures dropped to $69.89 a barrel, down 2.71%. By 05:26 p.m. Moscow time, Brent futures accelerated the decline and dropped to $69.4 a barrel, down 3.49%.

Meanwhile, WTI futures with the settlement in October lost 3.54% to $66.16 per barrel.

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