Energy & Petrochemicals #crude oil#energy
Crude Check: Trend Remains Weak as Brent and MCX Futures Hit Three-Month Lows
Crude oil prices extended their downtrend last week, with Brent crude futures on ICE slipping 7.7% to $80.60/barrel and MCX crude oil futures dropping 8.9% to ₹7,262/barrel, both hitting three-month lows. Technical analysis indicates strong downward momentum, though a corrective rise could occur before further declines.
Jun 20, 2026 1 source