Price of Brent oil down below $83 per barrel on London’s ICE first since July 17

World oil pricesPrice of Brent oil down below $83 per barrel on London’s ICE first since July 17 As of 7:40 p.m. Moscow time, the Brent price was down by 6.32% at $82.4 a barrelMOSCOW, July 28. /TASS/. The price of futures contracts of Brent crude oil for September 2026 delivery has dropped below $83 per barrel for the first time since July 17, 2026, according to trade data. As of 7:40 p.m. Moscow time (4:40 p.m. GMT), the Brent price was down by 6.32% at $82.4 a barrel. As of 7:45 p.m. Moscow time (4:45 p.m. GMT), the price of Brent was down by 5.96% at $83.1 per barrel. Meanwhile the price of futures contracts of WTI crude oil for August 2026 delivery was up by 0.4% at $78.71 per barrel. 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