WTI crude falls over 5%
Washington, United States, March 9 (AFP) Mar 09, 2026
The US crude oil benchmark, WTI, fell over five percent Monday as trading opened on the Chicago Mercantile Exchange, continuing the prior session's volatility over concerns about supply related to the Middle East war.Around 2230 GMT, the West Texas Intermediate (WTI) was down 5.71 percent at $89.36 a barrel. Prices soared earlier Monday, with WTI hitting as high as $119.48 and the Brent international benchmark reaching $119.50 before falling. The market reversed course after US President Donald Trump unexpectedly told a CBS News journalist on Monday that he considered the war as being to close to finished. ni-des/mlm CME GROUP
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