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Brent crude oil prices fall to $82.78 per barrel
Energy
- 16 June, 2026
- 09:59
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Oil prices decreased moderately on Tuesday after falling to their lowest since early March the previous day on expectations of a resolution to the Middle East conflict, Report informs referring to trading data.
August Brent crude oil futures fell 0.47% to $82.78 per barrel on London's ICE Futures Exchange.
July WTI crude oil futures fell 0.21% to $80.58 per barrel in electronic trading on the New York Mercantile Exchange (NYMEX).
US President Donald Trump, Vice President J.D. Vance, and Iranian Parliament Speaker Mohammad Bagher Ghalibaf signed a memorandum online on the initiation of a settlement to the Middle East conflict. The official signing ceremony is expected to take place on June 19.
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