MOSCOW, May 22. /TASS/. The price of futures contracts of Brent crude oil for July 2025 delivery has dropped below $64 per barrel on London's ICE for the first time since May 15, 2025, according to trading data.

As of 9:45 a.m. Moscow time (6:45 a.m. GMT) the Brent price was down by 1.08% at $63.88 per barrel.

By 10:25 a.m. Moscow time (7:25 a.m. GMT) the price of Brent futures contracts had narrowed losses slightly to 1.04% as it traded at $63.91 per barrel. The price of futures contracts of WTI crude oil for June 2025 delivery was down by 1.49% at $60.63 per barrel.