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17 Jun 2026
Crude Oil Plummets to $76/Barrel, Lowest in Three Months
📷 Image: Times Now News (via NewsData)
Business

Crude Oil Plummets to $76/Barrel, Lowest in Three Months

🗓 17 Jun 2026, 08:31 PM 👁 1

Global crude oil prices have seen a substantial decline, dropping to around $76 per barrel. This marks a significant fall from a recent high of $126 and represents the lowest price point in nearly three months.

Global crude oil prices have experienced a significant downturn, now trading at approximately $76 per barrel. This represents a substantial decrease from a recent peak of $126.

The current price level is the lowest recorded in nearly three months, indicating a notable shift in market dynamics. This sharp fall in oil prices is expected to have implications for transportation costs and the value of the Indian Rupee.