Brent Oil Price Drops Below $102 Per Barrel

TASS · world

The price of Brent crude oil futures for November 2026 delivery has fallen below $102 per barrel on London's ICE exchange, marking the first time since September 10, 2026. At one point, the price dropped to $101.91 per barrel, a decrease of 3.7% from previous levels. Later, losses narrowed slightly to 3.31%, with the price at $102.33. Meanwhile, WTI crude oil futures for October delivery were also down, trading at $99.78 per barrel.