Price of Brent oil up above $74 per barrel on ICE first since June 30

MOSCOW, July 7. /TASS/. The price of futures contracts of Brent crude oil for September 2026 delivery on London’s ICE has risen above $74 per barrel for the first time since June 30, 2026, according to trade data.

As of 5:08 p.m. Moscow time (2:08 p.m. GMT), the Brent price was up by 2.9% at $74.08 a barrel. As of 5:13 p.m. Moscow time (2:13 p.m. GMT), the price of Brent was up by 2.65% reaching $73.9 per barrel. Meanwhile the price of futures contracts of WTI crude oil for August 2026 delivery was up by 2.54% at $70.29 per barrel.

Air defenses destroy 116 Ukrainian UAVs over Russian regions within 12-hour period

In particular, drones were intercepted over the Belgorod, Bryansk, Kaluga, Kursk, Leningrad, Omsk, Smolensk, Tver, Tula, Krasnodar and Moscow Regions, the Republic of Bashkortostan and the Republic of Crimea

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