The price of Brent and WTI oil dropped sharply
12
Jun
2026
14:35
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
Similar News
Azerbaijan's domestic public debt decreased by 7%
As of July 1, 2026, Azerbaijan's domestic public debt amounted to 15 billion 982 million manats. This was reported by Report with reference to the Ministry of F...