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Brent Crude Falls Below $80 per Barrel
15:49; 16 June 2026 year
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On June 16, the price of Brent crude oil dipped below $80 per barrel during trading, according to data from the ICE exchange.
The August futures contract for Brent crude fell by 3.89%, reaching $79.96 per barrel. The last time prices were this low was on March 3, 2026.
Meanwhile, the August futures contract for WTI crude dropped by 3.81%, settling at $77.67 per barrel.
