The price of Brent crude oil fell below $77 per barrel for the first… (баррель · цена · нефть)
The price of Brent crude oil fell below $77 per barrel for the first time since March 2. On June 18, the August Brent crude futures contract on the London ICE exchange dropped below $77 per barrel, marking the first instance since March 2, 2026. This is confirmed by trading data.
Consensus
- Brent crude oil futures dropped below $77 per barrel for the first time since March 2, 2026
- The decline was attributed to expectations of a deal between the US and Iran to resolve their conflict
- The Strait of Hormuz's reopening is expected to restore oil shipments
- Market analysts predict a gradual recovery in oil prices in the coming quarters
Points of divergence
- The price of Brent fell to $76.80 per barrel by 17:12 MSK — vedomosti
- The price of Brent fell to $76.86 per barrel by 17:23 MSK — kommersant
- WTI crude futures fell to $73.20 per barrel — vedomosti
- WTI crude futures fell to $73.20 per barrel — kommersant
- The deal between the US and Iran includes a 14-point memorandum covering ceasefire, nuclear program, oil exports, frozen assets, and final agreement terms — vedomosti
- The deal between the US and Iran includes a 14-point memorandum covering ceasefire, nuclear program, oil exports, frozen assets, and final agreement terms — kommersant
- The signing ceremony is scheduled for June 19 in Switzerland — vedomosti
- The signing ceremony is scheduled for June 19 in Switzerland — kommersant
- The recovery of oil shipments may take one to two months — vedomosti
- The recovery of oil shipments may take one to two months — kommersant
Coverage (2 sources)
- Brent crude oil price fell below $77 per barrel for the first time since March 2 — Ведомости
- Brent oil price fell below $77 for the first time since March 2nd — Коммерсантъ