Oil price goes down: Brent - below $78 a barrel

09:31 - 18.06.2026


June 18, Fineko/abc.az. Prices for oil of benchmark grades are declining in Thursday’s trading after growth at the end of the last session.

As of 09:20, on the ICE Futures exchange, the price of August’s Brent crude futures fell by $1.85 (2.33%) to $77.70 per barrel. Following the trading on June 17, the contract rose by $ 0.59 (0.75%) up to $79.55 per barrel.

On the New York Mercantile Exchange (NYMEX), July’s WTI crude futures dropped by $2.10 (2.73%) to $74.69 per barrel by 09:30. Following the trading on June 17, the contract price increased by $0.74 (0.97%) up to $76.79 per barrel.

The price of Azerbaijani crude oil Azeri Light decreased by $0.01 (0.01%) to $82.60 per barrel.