Brent crude drops 3.2% to $95.1, WTI falls 2.6% to $88.4

Global oil prices fell sharply, with Brent sliding 3.2% to $95.1 and WTI down 2.6% to $88.4, continuing a recent downward trend. The drop suggests easing supply concerns or weakening demand expectations, though the specific drivers are not detailed. This matters as lower energy costs could ease inflationary pressures and support consumer spending.

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