Oil Prices Down - 26-06-26

Oil prices fell on 26 June 2026, according to reporting based on major benchmarks. WTI Crude Oil (Light Sweet) on the NYMEХ Stock Exchange dropped 0.55% to $70.24 per barrel. Brent Crude Oil on London’s ICE fell 1.18% to $73.08 per barrel. The article reiterates that a barrel is the unit of measurement for oil volume, with one barrel equal to 159.98 liters. It also provides background on NYMEX, described as a U.S. futures market founded in 1882 and noted as the leading venue for oil futures trade, trading through NYMEX and COMEX divisions. ICE is described as a London-based options exchange founded in 1982.