Business · Energy & Commodities · 2 hrs ago
Oil prices fall more than 1% in early Asian trading
Oil prices fell by more than 1% in early Asian trading.
The movement involved two major crude oil benchmarks: Brent and US West Texas Intermediate, or WTI.
Brent futures dropped 1.33% to $111.92 a barrel.
WTI fell 1.71% to $102.34 a barrel.
A barrel is the standard unit used to quote crude oil prices.
The figures show prices were lower during this trading session, but no reason for the fall or next market move was given.
Oil prices fell by more than 1% in early Asian trading.
Brent crude futures dropped 1.33% to $111.92 per barrel.
West Texas Intermediate crude fell 1.71% to $102.34 per barrel.
The report did not state a reason for the declines.
- Who
- Brent crude and West Texas Intermediate crude.
- What
- Oil prices fell by more than 1% in early Asian trading.
- When
- November 2, 2026.
- Where
- Early Asian trading.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Brent crude
- $111.92 per barrel, down 1.33%
- Brent price change
- Down $1.51
- West Texas Intermediate
- $102.34 per barrel, down 1.71%
- WTI price change
- Down $1.78
- Reported date
- November 2, 2026