Oil prices drop 7% as Brent falls to $96.30

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Oil prices drop 7% as Brent falls to $96.30

Oil prices drop 7% as Brent falls to $96.30

WAM
26 May 2026, 03:43 GMT+

NEW YORK, 26th May, 2026 (WAM) -- Oil prices fell by 7% today, Monday. Brent crude futures dropped by $7.24 to $96.30 per barrel by 18:43 GMT, while US West Texas Intermediate crude fell by $6.30, or 6.5 %, to $90.88 per barrel. Trading volumes were light due to the US Memorial Day holiday.

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