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Oil price decline: Brent and US crude fall sharply

A cluster of market-move reports describes a sharp, continuing decline in crude oil prices. Brent crude fell more than 5pc to $93.32 a barrel and later fell about 7%, while US oil dropped 4.5pc to $86.75 and crude oil prices overall fell about 4%. The members consistently point to a downward movement in oil benchmarks, with one report indicating the decline continued.

8 members0 actorsrecorded 11 Nov 2026