Gate data show both oil benchmarks declined during intraday trading, with WTI at $94.27 a barrel and Brent at $94.57 a barrel.
Gate data indicate that both major crude oil benchmarks moved lower by more than 2.00% during intraday trading. West Texas Intermediate, or WTI (U.S. crude oil benchmark), traded at $94.27 per barrel, while Brent (global crude oil benchmark) traded at $94.57 per barrel. The move points to a broad-based decline across key oil contracts during the session.