Brent falls below $107 a barrel

Brent falls below $107 a barrel

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).

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