International oil prices fell sharply on the 11th
2026-06-12 15:01
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en.Wedoany.com Reported - International crude oil futures prices fluctuated downward on the 11th, closing with significant declines.

Affected by relevant statements from Trump, international oil prices traded in a narrow range during early trading on the day, then quickly declined in the afternoon. By the close of trading, light crude oil futures for July delivery on the New York Mercantile Exchange fell by $2.32 to settle at $87.71 per barrel, a decrease of 2.58%; London Brent crude oil futures for August delivery fell by $2.72 to settle at $90.38 per barrel, a decrease of 2.92%. On the same day, international gold prices rebounded after hitting a six-month low, closing above $4,200 per ounce.

In the new trading session starting on the evening of the 11th, international oil prices continued to decline. Light crude oil futures for July delivery on the New York Mercantile Exchange once fell below $86 per barrel, while London Brent crude oil futures for August delivery traded in a narrow range above $89 per barrel.

Analysts pointed out that the subsequent trend of crude oil futures prices will still depend on further developments in related events.

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