Brent drove the tone: the market leaned toward risk-off with Brent down to 115.22 and a loss of -3.03%, a deeper pullback than WTI. That relative weakness frames the session — crude on the back foot and Brent taking the brunt.
WTI eased as well, quoted at 107.89 with a change of -1.93%, which makes the divergence between the two benchmarks notable rather than marginal. Traders will register that Brent’s percentage move outpaced WTI’s; the market favored the marker with the larger fall.
Meanwhile, gold stands at 4054.3 (as listed), an outlier in nominal terms alongside oil’s decline. The coexistence of falling crude and a high gold reading suggests flows into traditional safe-haven bullion amid the crude weakness, according to the U.S. Energy Information Administration.
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