Brent crude oil prices fell below $71 per barrel for the first time… (нефть · баррель · цена)
Brent crude oil prices fell below $71 per barrel for the first time since February 27, reaching $70.67 for September futures and dropping to $71.40 for November contracts. The decline was attributed to renewed tanker traffic through the Strait of Hormuz following diplomatic progress between the U.S. and Iran.
Consensus
- Brent crude oil prices fell below $71 per barrel
- The price drop occurred on the London exchange ICE
- Prices reached $70.67 for September futures and $71.40 for November contracts
- The decline was linked to resumed tanker traffic through the Strait of Hormuz
Points of divergence
- Oil prices fell to $70.80 per barrel and dropped by 1.1% — vedomosti
- The price drop was due to the resumption of tanker movement through the Strait of Hormuz — kommersant
Coverage (4 sources)
- Brent oil price drops to $70.8 per barrel — Ведомости
- Brent oil drops below $71 per barrel for the first time since February 27 — Коммерсантъ
- Brent crude oil price rises to $73 per barrel — Ведомости
- Brent crude drops below $72 for the first time since February 27 — Коммерсантъ