Back

Oil prices drop to lowest level since February

June 25, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Oil prices drop to lowest level since February

Global oil prices fell today, Thursday, continuing their decline and approaching the levels that prevailed before the outbreak of the war between the United States, the Zionist entity, and Iran, due to easing concerns about supply shortages and the gradual return of crude flows through the strategic Strait of Hormuz. By 6:45 GMT, Brent crude futures for August fell by 1.3% to $72.91 per barrel, while West Texas Intermediate crude fell by 1.24% to $69.43 per barrel, marking the lowest technical levels for both crudes since February 27, amid strong indications of ample supply in the near term.

Share on social media

Related Articles

Béjaïa Port Achieves a Record

Béjaïa Port Achieves a Record

Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.

Oct 28, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.