Brent oil price down to $60 per barrel on London's ICE

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Thursday, 4 June 2026

Thursday, 4 June 2026

The price of Brent oil futures contracts for March 2026 delivery on the London ICE exchange fell 1.32% to $60 per barrel at the start of the new trading week, the first time since December 19, 2025, due to US strikes on Venezuela, according to trading data, The Daily Baku reports, citing TASS.

As of 11:00 p.m. GMT on January 4, the price of Brent oil fell by 1.32% to $60 per barrel.

By 11:35 p.m. GMT on January 4, Brent futures slowed their decline, trading at $60.57 per barrel (-0.3%).

Meanwhile, WTI oil futures for February 2026 delivery fell 0.44%, reaching $57.07 per barrel.

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