Oil Prices Fall, With Brent Crude at $92.17 Per Barrel
Umer Jamshaid | August 25, 2026
Oil prices experienced a significant drop on Monday, with investors locking in profits, according to Reuters.
- Brent crude futures closed down $2.22 (2.35%) to reach $92.17 per barrel.
- U.S. West Texas Intermediate (WTI) crude fell by $2.05 (2.35%) settling at $85.01 per barrel.
This decline follows a bustling market atmosphere where investors had been actively trading oil in recent weeks. The drop in prices may be attributed to these accumulated profits.