Claim: U.S. crude oil prices fell below $81 per barrel.
95%- U.S. crude oil prices (WTI benchmark) did trade below $81 per barrel. CME Group data for July WTI futures (CLN6) shows the contract last traded at $80.72 on June 15, 2026, with an intraday low of $79.701.
- Barchart market data confirms the decline, reporting July WTI crude (CLN26) at $80.182.
- Trading Economics recorded a sharp drop, with the crude oil benchmark falling to $81.32 on June 15, 2026, down over 4% from the previous day as prices continued to tumble from recent highs3.
- The drop followed geopolitical developments, with reports indicating WTI crude slipped below $81 on June 14, 2026, amid news of a potential U.S.-Iran peace agreement and hopes for reopening the Strait of Hormuz4.
- Earlier database records show oil had been well above $100 per barrel in April 2026 due to Middle East conflict, but prices have since fallen significantly.
Overall validity: 95%