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World oil prices

Price of Brent oil down below $76 per barrel on London’s ICE

As of 3:01 a.m. GMT, the Brent price was down by 1.48% at $75.94 a barrel

MOSCOW, June 24. /TASS/. The price of futures contracts of Brent crude oil for August 2026 delivery on London’s ICE has fallen below $76 per barrel for the first time since March 2, 2026, according to trade data.

As of 6:01 a.m. Moscow time (3:01 a.m. GMT), the Brent price was down by 1.48% at $75.94 a barrel.

By 6:06 a.m. Moscow time (3:06 a.m. GMT), the price of Brent had narrowed losses to 1.1% reaching $76.23 per barrel. Meanwhile the price of futures contracts of WTI crude oil for August 2026 delivery was down by 2.07% at $72.33 per barrel.

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As of 3:01 a.m. GMT, the Brent price was down by 1.48% at $75.94 a barrel

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