Brent crude price drops below $86 per barrel for first time since March 10

Business & Economy June 12, 12:13

As of 11:22 a.m. Moscow time (8:22 a.m. GMT), Brent was down 4.89%, trading at $85.96 per barrel

MOSCOW, June 12. /TASS/. The price of Brent crude oil futures for August 2026 delivery on London's ICE exchange fell below $86 per barrel for the first time since March 10, trading data showed.

As of 11:22 a.m. Moscow time (8:22 a.m. GMT), Brent was down 4.89%, trading at $85.96 per barrel.

By 11:27 a.m. Moscow time (8:27 a.m. GMT), the price pared some losses, moving to $86.27 per barrel, down 4.55%.

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