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Crude Oil Prices Fall Nearly 2% But Remain Elevated At Around $108 Per Barrel

Global crude oil prices declined on Monday after reaching a five-month high near $109 per barrel on Friday, offering some relief amid persistent geopolitical tensions and supply concerns. Brent crude fell 1.88% to $107.80 per barrel, while US benchmark West Texas Intermediate (WTI) declined 1.19% to $100.20. The correction came despite continuing hostilities in the Persian Gulf and renewed…

Free Press Journal 19/10/2026, 10:30:00 am IST

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