Brent Crude Falls Below $105 as WTI Drops 2.21% Intraday

Brent crude fell below $105 per barrel on Oct. 19 as both major oil benchmarks declined intraday, with U.S. benchmark West Texas Intermediate (WTI) at $96.76 per barrel. Brent was down 2.43% intraday, while WTI fell 2.21% intraday. Brent’s decline was 0.22 percentage point steeper than WTI’s. Brent is widely used as a global crude benchmark, while WTI is a U.S. benchmark priced at Cushing, Oklahoma. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost