Brent crude drops below $90 per barrel on ICE for first time since April 17
Business & Economy
May 29, 18:32
WTI crude oil futures for July 2026 delivery fell by 2.16% to $86.98 per barrel
MOSCOW, May 29. /TASS/. August 2026 futures for Brent crude on London’s ICE exchange slipped below $90 per barrel for the first time since April 17, market data showed.
As of 6:14 p.m. Moscow time (3:14 p.m. GMT), Brent was down 2.99% at $89.93 per barrel.
By 6:19 p.m. Moscow time (6:19 p.m. GMT), Brent trimmed its losses to trade at $90.41 per barrel (-1.47%). Meanwhile, July 2026 WTI crude futures fell by 2.16% to $86.98 per barrel.