WTI and Brent Crude Oil Prices Fall in Intraday Trading

According to Gate, WTI crude dropped 3.00% to $93.45 per barrel, while Brent crude declined 2.2% to $96.74 per barrel during the session.

GT

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Terms & Concepts
  • WTI crude: West Texas Intermediate, a benchmark grade of crude oil widely used to price oil in North America.
  • Brent crude: A global oil benchmark sourced from the North Sea, commonly used to price crude in international markets.