Brent falls below $107 a barrel

Read on the website Vestnik Kavkaza

According to the trading data on the London Stock Exchange ICE, the price of September futures for North Sea Brent crude oil fell below $107 per barrel. 

So, by 16:35 (Moscow time) Brent fell to $106.91 per barrel (a drop of 5.81%). The last time oil of this brand was below $107 per barrel on May 19, 2022.

WTI for August delivery dropped to $102.87/bbl (a 5.09% drop).