WTI crude futures for November delivery were down 4.23% at $85.37 a barrel.
The price of Brent crude futures for December delivery on the London ICE exchange fell below $87 per barrel for the first time since September 1, 2022. This was confirmed by trading data on Wednesday, October 4.
According to exchange data at 19:03, the price of Brent fell by 4.61% to $86.9 per barrel.
By 19:37, Brent futures were trading at $87.07 (-4.42%).
WTI crude futures for November delivery were down 4.23% at $85.37 a barrel.
It was earlier reported that the price of oil had dropped to $90.
Earlier in September, Brent WTI added about 4% amid fears of a drop in oil supply due to the continuation of voluntary production curbs by Saudi Arabia and Russia until the end of this year.
Source: korrespondent
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