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Business / World Business

Crude futures settle lower

Published: 07 Oct 2026 - 10:54 pm | Last Updated: 07 Oct 2026 - 10:55 pm
Peninsula

Xinhua

NEW YORK: Oil prices went down on Wednesday.

The West Texas Intermediate for November delivery dropped 1.16 U.S. dollars, or 1.3 percent, to settle at 88.28 dollars a barrel on the New York Mercantile Exchange.

Brent crude for December delivery lost 38 cents, or 0.38 percent, to settle at 100.2 dollars a barrel on the London ICE Futures Exchange.