Brent crude oil falls by more than 5%

russian news agencyRUSearchSectionsCloseEconomySportsCulture CloseRussian Politics & DiplomacyRussian Politics & DiplomacyInto section →FOREIGN POLICYDOMESTIC POLICYWorldWorldInto section →Business & EconomyBusiness & EconomyInto section →Oil & gas industryInternet & TelecomTrade & CooperationTransportMilitary & DefenseMilitary & DefenseInto section →Science & SpaceScience & SpaceInto section →Emergencies Emergencies Into section →Society & CultureSociety & CultureInto section →Press ReviewPress ReviewInto section →SportsSportsInto section →Special projectsTASSAgencyTASS todayHistoryManagementContactsProjects & ServicesTASS-PHOTONEWS TERMINALPersonal data processing policy TASSPress ReleasesPrivacy Policy​ tass.comTerms of useANTI-CorruptionSubscribeSocial MediaTelegramSubscriptionsRSSAdvertisingContacts{{dayPoint.date | date : 'd MMMM yyyy'}}{{newsPoint.date * 1000 | date : 'HH:mm'}} {{newsPoint.mark}}{{newsPoint.title}}{{newsPoint.title+ ' '}}{{newsPoint.subtitle}}All newsBrent crude oil falls by more than 5% As of 15:49 Moscow time, Brent was down 5.17% at $96.03 per barrelMOSCOW, May 7. /TASS/. The price of Brent crude futures with July delivery fell by more than 5% on the London-based ICE exchange. As of 15:49 Moscow time, Brent was down 5.17% at $96.03 per barrel. By 16:00 Moscow time, Brent had pared losses and was trading at $97.42 per barrel, down 3.8%. At the same time, WTI crude futures for June 2026 delivery were down 4.11% at $91.17 per barrel.