WTI crude futures dropped 7.6% to $88.54 per barrel, while Brent lost 8.2% to $95.04. The US Dollar Index edged up 0.1% in the same session, according to Tradexus Data.
Why it matters: These moves show significant price declines in major oil benchmarks while the dollar edged higher, affecting market participants.
Summary written with AI from this article.
WTI crude oil (nearest futures contract) fell 7.6% to $88.54 per barrel, down from the previous close of $95.80, based on Tradexus Data market prices.
In parallel, Brent crude lost 8.2% and settled at $95.04 per barrel.
The US Dollar Index recorded a modest gain of 0.1% over the same trading session.
This alert was written automatically by the Tradexus News Desk from live market data, with the help of AI.
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