MOSCOW:The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has extended losses, having dropped by more...
MOSCOW:The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has extended losses, having dropped by more than 6%, according to trade data.
As of 11:50 a.m. Moscow time (8:50 a.m. GMT) the Brent price was down by 6.22% at $103.04 a barrel. By 11:52 a.m. Moscow time (8:52 a.m. GMT) the price of Brent had extended losses to 6.48% reaching $102.75 per barrel as it fell below $103 a barrel for the first time since April 23, 2026.
As of 11:55 a.m. Moscow time (8:55 a.m. GMT) the price of futures contracts of Brent crude oil was down by 6.43% at $102.8 per barrel, while the price of futures contracts of WTI crude oil for June 2026 delivery was down by 6.63% at $95.49 per barrel
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