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Brent Crude Slides 5.2% to $110.64 a Barrel in Latest Quote

Brent Crude Slides 5.2% to $110.64 a Barrel in Latest Quote

Photo: TokenPost

Brent crude fell 5.2% to $110.64 a barrel Monday morning, a sharp energy-market move that puts oil in view for crypto traders tracking inflation and interest-rate expectations. The quote was recorded at 8:38 a.m. ET (13:38 UTC) Monday. Brent had earlier fallen to $112 a barrel before the latest reading of $110.64. The 5.2% decline was measured against the previous trading session’s close, giving the comparison a session-to-session reference point. For crypto traders, the potential relevance runs through the macroeconomic outlook. Energy prices can influence inflation pressures, while inflation expectations can shape views on interest rates.

Source: TokenPost

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