TREE NEWS reports: Brent crude fell 2.5% intraday to $104.88 a barrel, while West Texas Intermediate slipped below the $100 mark to $99.99, down more than 2% on the day. Both benchmarks moved lower in the same session, with WTI losing the psychological $100 level.
Brent Falls 2.5% to $104.88; WTI Drops Below $100 to $99.99
The simultaneous drop in both benchmarks, with WTI losing the $100 level, points to broad pressure rather than a single-contract quirk. That matters for energy-linked exposure across crypto and RWA markets, where tokenized commodities and inflation-hedge narratives often track crude sentiment. Whether WTI holds below $100 in coming sessions is the open question; a sustained break would likely shift the macro backdrop that digital-asset desks watch.
Generated by AI for reference only.
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