#XBRUSD#


In June 2026, the international crude oil market saw an extremely rapid price pullback. During intraday trading on June 24, WTI crude oil briefly fell to $69.66 per barrel, breaking below the $70 psychological level, and eventually closed at $70.34. Brent crude weakened in tandem, with the intraday low reaching $73.07, and it closed at $73.74.

From a longer-term perspective, the speed of this decline surprised the market at large. Brent crude reached a high of $118.35 per barrel in March, and as of June 26, Brent crude had cumulatively fallen more than 39% from that high; WTI crude is down about 36% from its high. In just 11 days, international oil prices gave back all the gains during the US-Iran conflict and returned to the price level seen before the conflict broke out.

Based on Gate market data, excerpt
XBRUSD0.09%
CL0.90%
GateBlog
Crude oil breaks below the $70 mark, how to capture crude oil volatility with Gate TradFi CFD?
In June 2026, the international crude oil market saw an extremely rapid price pullback. During intraday trading on June 24, WTI crude oil briefly fell to $69.66 per barrel, breaking below the $70 psychological level, and eventually closed at $70.34. Brent crude weakened in tandem, with the intraday low reaching $73.07, and it closed at $73.74.

From a longer-term perspective, the speed of this decline surprised the market at large. Brent crude reached a high of $118.35 per barrel in March, and as of June 26, Brent crude had cumulatively fallen more than 39% from that high; WTI crude is down about 36% from its high. In just 11 days, international oil prices gave back all the gains during the US-Iran conflict and returned to the price level seen before the conflict broke out.

Based on Gate market data, excerpt
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 1
  • Share
Comment
Add a comment
Add a comment
Yusfirah
· 1m ago
2026 GOGOGO 👊
Reply0
Yusfirah
· 1m ago
To The Moon 🌕
Reply0
ThisIsTranslateContent:
· 2h ago
Get in quick! 🚗
View OriginalReply0
ThisIsTranslateContent:
· 2h ago
Just go for it 👊
View OriginalReply0
HighAmbition
· 3h ago
2026 GOGOGO 👊
Reply0
M谋ngYueZen
· 4h ago
2026 GOGOGO 👊
Reply0
  • Pinned