Price of Brent oil down below $79 per barrel on London’s ICE first since June 6

As of 4:30 p.m. Moscow time (1:30 p.m. GMT), the Brent price was down by 1.07% at $78.96 per barrel whereas the price of futures contracts of WTI crude oil for September delivery was down by 0.45% at $75.07 per barrel