Oil Slides as Brent Falls 1.0% to $95.27, WTI Down 2.0% to $90.47; US Equity Futures Turn Higher

The divergence between a sharp WTI drop and a milder Brent decline points to pressure concentrated in the US crude benchmark rather than a uniform repricing of global supply risk, with the WTI-Brent spread narrowing as a result. The modest turn higher in equity futures suggests the move is being read as a cost relief signal rather than a demand warning, though the small magnitude of the equity gain implies limited conviction. Whether the spread compression persists, or reverses once the immediate flow passes, is the open question.