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Brent Oil Prices Plummet to $75.3 per Barrel in Future Trading.

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Trading data on the London ICE Stock Exchange showed that on Tuesday the price of a futures contract for Brent crude oil for delivery in July 2023 fell by 5.16% to $75.3 per barrel.

According to the trading platform, at 20:24 Moscow time, the price of a futures contract for Brent crude oil for delivery in July 2023 fell by 5.16% to $75.3 per barrel.

By 20:55 Moscow time, futures for Brent crude slowed down and settled at $75.63 per barrel (-4.75%).

The cost of futures for WTI crude oil for delivery in June 2023 fell by 5.05% to $71.95 per barrel.

Brent crude is trading below $76 a barrel for the first time since March 27, 2023.

Source: TASS

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