The Price Of A Barrel Of Brent Crude Oil Has Fallen Below $94

For the first time since April 21.

The cost of Brent crude oil fell below $94 per barrel for the first time since April 21 on the London Stock Exchange ICE.

August futures for Brent oil fell by 6.22% to $93.98 per barrel, falling below $94 for the first time since April 21. July futures for WTI fell by 6.37% to $90.45.

In the morning of May 25, oil prices were falling significantly against the background of a possible peace deal between the U.S. and Iran.

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