Price of Brent oil down below $102 per barrel on ICE first since April 23

russian news agencyRUSearchSectionsCloseEconomySportsCulture CloseRussian Politics & DiplomacyRussian Politics & DiplomacyInto section →FOREIGN POLICYDOMESTIC POLICYWorldWorldInto section →Business & EconomyBusiness & EconomyInto section →Oil & gas industryInternet & TelecomTrade & CooperationTransportMilitary & DefenseMilitary & DefenseInto section →Science & SpaceScience & SpaceInto section →Emergencies Emergencies Into section →Society & CultureSociety & CultureInto section →Press ReviewPress ReviewInto section →SportsSportsInto section →Special projectsTASSAgencyTASS todayHistoryManagementContactsProjects & ServicesTASS-PHOTONEWS TERMINALPersonal data processing policy TASSPress ReleasesPrivacy Policy​ tass.comTerms of useANTI-CorruptionSubscribeSocial MediaTelegramSubscriptionsRSSAdvertisingContacts{{dayPoint.date | date : 'd MMMM yyyy'}}{{newsPoint.date * 1000 | date : 'HH:mm'}} {{newsPoint.mark}}{{newsPoint.title}}{{newsPoint.title+ ' '}}{{newsPoint.subtitle}}All newsPrice of Brent oil down below $102 per barrel on ICE first since April 23 As of 12:36 p.m. Moscow time, the Brent price was down by 7.37% at $101.77 a barrelMOSCOW, May 6. /TASS/. The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has dropped below $102 per barrel for the first time since April 23, 2026, according to trade data. As of 12:36 p.m. Moscow time (9:36 a.m. GMT), the Brent price was down by 7.37% at $101.77 a barrel. By 12:41 p.m. Moscow time (9:41 a.m. GMT), the price of Brent had narrowed losses to 7.34% reaching $101.81 per barrel. Meanwhile the price of futures contracts of WTI crude oil for June 2026 delivery was down by 7.89% at $94.2 per barrel.