MOSCOW, May 6. /TASS/. Oil futures are falling this Wednesday, according to market reports.

Brent futures with delivery in July 2026 tumbled 10.99% to $97.79 a barrel.

Brent prices continued their dip later on and dropped by 11.33% to $97.42 per barrel. WTI futures with the settlement in this June plunged by 12.61% to $89.37 per barrel.