Oil Prices Stabilize Around $81 After Spring Decline

ICE Brent futures hovered at approximately $81 per barrel.

This level represents a decline of about $37 from the peak reached in early April, yet it is roughly $20 higher than the price recorded at the beginning of the year.

Meanwhile, North Sea Dated crude fell by more than $40 between May and mid‑June, landing near $82 a barrel, a move attributed to weakening oil demand and reduced market tensions.