As of 7:00 AM Baku time, the price of Brent crude oil fell by 1.48 percent to $75.94 per barrel.
However, the decline later slowed, and Brent was trading at $76.23 per barrel (down 1.1 percent).
Brent crude futures fell below $76 per barrel on the ICE London exchange for the first time since March 2, 2026.
AI will summarize what happened, why it matters and what it means for business.
As of 7:00 AM Baku time, the price of Brent crude oil fell by 1.48 percent to $75.94 per barrel.
However, the decline later slowed, and Brent was trading at $76.23 per barrel (down 1.1 percent).
Only the concepts and market mechanisms directly connected to this story.