Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Brent Crude Sinks 2.10% as Global Trends Weaken

Guavy AI Editorial Team
Instruments
Oil
Share

Crude oil prices took a hit in global markets yesterday, with Brent crude slipping 2.10% to $86.72 per barrel. The price decline was reflected in futures trade on the MCX, where crude oil futures for September delivery fell by 1.68% in 5,216 lots.

Analysts attributed the price drop to participants offloading their holdings due to weak demand in the spot market. Globally, West Texas Intermediate (WTI) crude was trading lower at $80.57 per barrel, with Brent crude declining 2.10% to $86.72 per barrel in New York.

The price decline comes amid a broader trend of weak global trends in the commodities market.

More on Commodities

Commodities 3m ago

Malaysian Palm Oil Futures Plummet Amid Weaker Global Prices

Commodities 3m ago

PENGASSAN Backs NUPRC's Ambitious Oil Output Target

Commodities 3m ago

Tinubu Demands NLNG End Gas Flaring, Harness Resources for Nigerians

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy