Crude oil prices have moved sharply lower during trading on Monday, adding to the steep drop seen during last Friday’s session.

After tumbling $1.76 or 1.9 percent to $91.11 a barrel in the previous session, crude for November delivery is slumping $1.21 or 1.3 percent to $89.90 a barrel.

The continued decrease by the price of crude oil comes amid indications exports from the Middle East are returning to pre-war levels despite the ongoing conflict between the U.S. and Iran.

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Market Analysis




Crude Oil Prices Showing Another Significant Move To The Downside

2026-10-05 18:36:21

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