Brent Crude Drops 5% to $98.52 a Barrel as WTI Falls 4.6%

Brent crude fell 5% to $98.52 per barrel, while WTI crude was down 4.6%, marking a sharp move in energy markets watched by crypto traders. Brent's figure combines a percentage change with a per-barrel quote, putting its price at $98.52 after a 5% intraday fall. WTI was also lower by 4.6%. That leaves a 0.4 percentage point gap between the two losses, with Brent falling further. The move spans both crude oil prices in focus, as each was lower in the same trading session.