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Brent crude falls below $90 a barrel for first time in a week

ActionForex reports Brent dropped from about $92 per barrel, with European gas prices moving independently of crude after renewed conflict expectations eased.

Reported · Written up by our desk · Energy

Brent crude moved back below $90 per barrel for the first time in a week, after trading around $92 per barrel earlier, according to market commentary from ActionForex.

The report links the pullback to a New York Times report that the United States is preparing to send diplomats back to Middle East embassies, a development it says points to lower expectations of conflict renewal.

ActionForex also notes European gas prices have decoupled from crude, highlighting different pricing dynamics across energy markets as crude weakens.

Latest closeWTI crude $82.40 ▲1.4%|Brent $88.59 ▲1.8%

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