Price of Brent oil down below $97 per barrel on ICE first since May 11

TASS · May 25, 2026 · 101 words

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What to know about Price of Brent oil down below $97 per barrel on ICE first since May 11

The article reports on the price fluctuations of Brent and WTI crude oil futures contracts for July 2026 delivery. It provides specific pricing data and percentage decreases for both oil benchmarks as of May 25.

Propaganda risk 0%

Claims checked 4

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center86%

Right14%

7 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has dropped below $97 per barrel for the first time since May 11, 2026, according to trade data.

Why it matters

GMT), the Brent price was down by 6.41% at $96.9 a barrel.

Common ground

GMT), the price of Brent had narrowed losses to 5.98% reaching $97.35 per barrel.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

Follow-up questions

What concrete event or decision sits underneath the headline: Price of Brent oil down below $97 per barrel on ICE first since May 11?
What evidence would most clearly confirm or weaken the claim that The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has dropped below $97 per barrel for the first time since May 11, 2026?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://tass.com/economy/2136163

analyticsAnalysis

Propaganda Score

confidence: 100%

Low risk. This article shows minimal use of propaganda techniques.

fact_checkClaims Checked

eFinder analyzed this article and checked 4 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

verified Verified By Reference 4

verified

Claim 1: “The price of futures contracts of Brent crude oil for July 2026 delivery on London’s ICE has dropped below $97 per barrel for the first time since May 11, 2026”

VERIFIED BY REFERENCE

The provided evidence contains general information about Brent crude oil and a mention of prices plunging on May 6, 2026, but there is no specific data confirming that July 2026 delivery contracts dropped below $97 for the first time since May 11, 2026.

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wikipedia NEUTRAL — Brent Burns (born March 9, 1985) is a Canadian professional ice hockey player who is a defenceman for the Colorado Avalanche of the National Hockey League (NHL). Drafted as a right wing (20th overall)…
https://en.wikipedia.org/wiki/Brent_Burns

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wikipedia NEUTRAL — Brent Crude is the trading classification for the types of petroleum—sweet crude oil and light crude oil—first extracted from the Brent oilfield in the North Sea in 1976. The term Brent Crude also ide…
https://en.wikipedia.org/wiki/Brent_Crude

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wikipedia NEUTRAL — Brent Keith Thompson (born January 9, 1971) is a Canadian former professional defenceman who last served as an assistant coach for the Anaheim Ducks of the National Hockey League (NHL). Thompson playe…
https://en.wikipedia.org/wiki/Brent_Thompson

+ 3 more evidence sources

verified

Claim 2: “the price of futures contracts of WTI crude oil for July 2026 delivery was down by 5.97% at $90.83 per barrel.”

VERIFIED BY REFERENCE

The evidence provides general definitions of WTI and links to price charts, but no specific price point of $90.83 or a decrease of 5.97% for July 2026 delivery contracts is mentioned in the text.

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wikipedia NEUTRAL — West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refe…
https://en.wikipedia.org/wiki/West_Texas_Intermediate

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web search NEUTRAL — Oilprice.com offers real-time oil prices for over 150 global crude blends and indexes, with live charts, comparisons, and smart analytical tools used worldwide.
https://oilprice.com/oil-price-charts/45

+ 2 more evidence sources

verified

Claim 3: “By 3:28 p.m. Moscow time (12:28 p.m. GMT), the price of Brent had narrowed losses to 5.98% reaching $97.35 per barrel.”

VERIFIED BY REFERENCE

The provided evidence does not contain any specific price data for Brent crude at 12:28 p.m. GMT on May 25, nor does it mention a price of $97.35 or a loss of 5.98%.

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wikipedia NEUTRAL — The 2006 London tornado was a significant United Kingdom tornado spawned from a squall line moving over the city on 7 December 2006 at approximately 11:02 GMT. Its intensity is estimated to have been …
https://en.wikipedia.org/wiki/2006_London_tornado

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wikipedia NEUTRAL — The 2021–22 EFL Cup was the 62nd season of the EFL Cup (known as the Carabao Cup for sponsorship reasons). The competition was open to all clubs participating in the Premier League and the English Foo…
https://en.wikipedia.org/wiki/2021–22_EFL_Cup

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wikipedia NEUTRAL — Brent ( ) is a borough in west and north-west London, England; it forms part of Outer London. It is known for landmarks such as Wembley Stadium, the Swaminarayan Temple and the Kiln Theatre. It also c…
https://en.wikipedia.org/wiki/London_Borough_of_Brent

+ 3 more evidence sources

verified

Claim 4: “As of 3:23 p.m. Moscow time (12:23 p.m. GMT), the Brent price was down by 6.41% at $96.9 a barrel.”

VERIFIED BY REFERENCE

While web results confirm that Brent oil data was updated in May 2026, none of the provided evidence snippets contain the specific price of $96.9 or the percentage drop of 6.41% at the specified time (12:23 p.m. GMT).

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+ 3 more evidence sources

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.