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The price of Brent and WTI oil dropped sharply
12
Jun
2026
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Oil prices on global markets accelerated their decline, reaching the 5% mark.
This is evidenced by stock exchange trading data.
The price of one barrel of benchmark Brent crude oil fell by 4.98%, dropping to $85.98 - this level fell below the $86 threshold for the first time since March 10.
July futures contracts for WTI crude oil lost 5.03% in value, declining to $83.3 per barrel.
This news edited with AI
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