Brent crude sees steepest weekly drop since COVID; US gas nears $4 per gallon

Brent crude posted its steepest weekly decline since the COVID-19 pandemic, while U.S. gasoline prices approached $4 per gallon, according to Crypto Briefing. The drop could help stabilize global oil markets and ease inflationary pressures that have fed through energy costs. Softer crude prices may also shape future energy policy decisions as governments weigh relief for consumers against producer economics. Traders will watch whether the selloff extends into the coming week or stabilizes near current levels, with U.S. pump prices and inflation data as the next signposts.