Brent Crude Falls 5.8% to $109.95 a Barrel in Latest Update

Brent crude oil extended its decline in a Monday morning market update, trading at $109.95 a barrel, down 5.8% from the previous trading session's close. The latest reading put the benchmark just below $110 and was timestamped 8:41 a.m. ET (13:41 UTC). An earlier update at 8:38 a.m. ET listed Brent at $112 a barrel, down 5.2% against the same prior close. Over those three minutes, the quoted price fell $2.05, and the reported loss widened by 0.6 percentage point. The 5.8% figure measures the change from the previous trading session's close, not the change between the two updates.

Source: TokenPost