What specific price drops were observed for Brent and WTI crude?

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Brent and WTI Crude Oil Prices Experienced Significant Declines

Brent crude oil experienced a notable decrease of 5.58 per cent, settling at US$91.38 per barrel. Similarly, West Texas Intermediate (WTI) crude oil saw a decline of 5.46 per cent, falling to US$84.43 per barrel. These price movements occurred at the opening of Asian markets.
Brent Crude Price Reduction

The international benchmark North Sea Brent crude oil recorded a substantial drop of 5.58 per cent. This brought its price down to US$91.38 per barrel.
West Texas Intermediate Price Decrease

The US counterpart, West Texas Intermediate (WTI) crude oil, also experienced a significant slide. Its price fell by 5.46 per cent, reaching US$84.43 per barrel.
Market Context for Price Fluctuations

These price drops were observed in the context of investor reactions to a pause in US strikes on Iran, which created an opening for potential new talks. The market's response reflected a cautious relief following two consecutive nights without military action.

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What specific price drops were observed for Brent and WTI crude?

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