Oil Prices Retreat as Brent Drops Under $77

Source: Getty Images

Oil Prices Retreat as Brent Drops Under $77

The price of Brent crude oil futures for delivery in August 2026 on London's ICE Exchange fell below $77 per barrel for the first time since March 2, 2026, according to trading data, The Caspian Post reports.

Brent crude oil prices fell 3.32% to $76.91 per barrel.

The decline later slowed, and Brent crude oil prices settled at $77.19 per barrel (-2.97%).

Meanwhile, WTI crude oil futures for delivery in August 2026 fell 3.53% to $73.33 per barrel.

Related news

Oil Prices Retreat as Brent Drops Under $77

The price of Brent crude oil futures for delivery in August 2026 on London's ICE Exchange fell below $77 per barrel for the first time since March 2, 2026, according to trading data, The Caspian Post reports.