Global Oil Benchmarks Slide: Brent Drops to $114.47, WTI Retreats to $101.03
Benchmark crude prices dropped across major international commodities exchanges, according to market data reported by APA-Economics. During trading operations on London's ICE Futures Europe exchange, December 2026 delivery contracts for Brent crude fell by 1.93% to settle at $114.47 per barrel.
A parallel decline was recorded on New York’s NYMEX (New York Mercantile Exchange), where the price of West Texas Intermediate (WTI) crude for December 2026 delivery dropped 2.17%, closing at $101.03 per barrel.
N. Tebrizli