Global Oil Prices Plummet as Brent Crude Hits $87 Per Barrel
Oil prices declined globally, leading to a decrease in Brent crude oil prices on the London Intercontinental Exchange (ICE).
Brent crude fell by $1.58 to settle at $87 per barrel.
This decline was observed on August 26, with West Texas Intermediate (WTI) crude also decreasing by $1.53 to $80.83 per barrel on the New York Mercantile Exchange (NYMEX).