Global Oil Prices Drop by 4% Days to June-July EPRA Fuel Review

Author: kenyans.co.kePublished on: June 10, 2026Country: Kenya

Business & EconomyWorld / International

Global Oil Prices Drop by 4% Days to June-July EPRA Fuel Review

Global oil prices fell nearly 4% on June 10, 2026, with US crude dropping to $87.89 per barrel and Brent to $91.24. The decline follows two months of easing Middle East tensions, despite a brief escalation on June 9 that caused a price spike before calming. US Energy Secretary Chris Wright confirmed a recovery in traffic through the Strait of Hormuz. Kenyan consumers await EPRA's fuel price review announcement on June 14.

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