Brent and WTI decline as global demand expectations soften

Brent dropped 1.8 percent and WTI fell 2.2 percent as global demand signals and lighter U.S. trading activity pressured prices.

Live Market Updates

Latest Financial News

neutral

Brent and WTI decline as global demand expectations soften

Brent and WTI decline as global demand expectations soften
Oil benchmarks fell, with Brent crude down 1.8% and West Texas Intermediate lower by 2.2%. Prices eased as traders assessed global demand trends ahead of a lighter trading week in the United States due to Thanksgiving. The decline aligned with reduced industrial indicators from key regions and slower refinery intake across select markets. Trading volumes stayed moderate following the drop.
Tags:
  • oil prices
  • brent