Brent crude fell sharply during the session, according to Gate data, with the contract down $6 on the day to $87.16 per barrel, a decline of 6.45%. WTI crude also moved lower, falling 6.7% intraday to $83.17 per barrel. The move was reported by Odaily in a 7x24 market flash. No additional details on the trigger for the decline were provided in the source update. The figures cited in the report were limited to the latest quoted prices and day-session percentage losses for the two benchmarks.
Brent crude dropped sharply during the session, according to Gate data cited by Odaily. Brent was down $6 on the day at $87.16 a barrel, marking a 6.45% decline.
WTI crude also fell during the session, slipping 6.7% to $83.17 a barrel.
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