Brent oil drops below 82 per barrel

The price of Brent crude futures contract with September delivery on the ICE exchange in London fell below $82 a barrel for the first time since July 13, according to trading data.

As of 1:00 Moscow time (10:00 p.m. GMT, August 2), Brent was down 6.74% at $82 a barrel.

By 1:10 Moscow time (10:10 p.m. GMT, August 2), Brent had pared losses to trade at $82.89 a barrel, down 5.73%.