A post by @FirstSquawk on X.
US CRUDE FUTURES FALL BY MORE THAN $5/BBL, BRENT CRUDE FUTURES DOWN BY MORE THAN $7/BBL
@FirstSquawk on X
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US crude futures fell more than $5 per barrel and Brent crude futures dropped over $7 per barrel, according to a First Squawk market alert. The sharp single-session declines mark a significant selloff in oil benchmarks, though the alert did not specify the trading date or the resulting price levels. The move matters for energy producers, refiners and inflation expectations, since crude is a key input cost across the economy. Traders will watch whether the slump extends into subsequent sessions and whether OPEC+ or other producers respond to the price drop.
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Named in this story
Brent crude futures, US crude futures