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Brent crude oil price falls below $76

Brent crude oil price falls below $76 per barrel on ICE. Futures drop 1.48% to $75.94.

Isabella Martinez
ByIsabella Martinez- Senior Editor
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Brent crude oil futures on London's ICE exchange fell below $76 per barrel for the first time since March 2, 2026. The August 2026 contract dropped 1.48% to $75.94.

At 07:06 Baku time, the decline eased slightly with Brent trading at $76.23 (-1.1%).

Meanwhile, WTI crude futures for August 2026 also declined by 2.07% to $72.33 per barrel.

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