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Oil Prices Fall as WTI Drops 2% to $91.94 per Barrel

Brent crude fell about 1.8% to $98.90 a barrel as of 9:43 p.m. ET Thursday.

Steel oil barrel beside a pumpjack at dusk / TokenPost.ai (mono)
Steel oil barrel beside a pumpjack at dusk / TokenPost.ai (mono)

Oil prices extended their declines Thursday as West Texas Intermediate (WTI) crude fell 2% to $91.94 a barrel, while Brent crude dropped about 1.8%.

Brent stood at $98.90 a barrel as of 9:43 p.m. ET Thursday (01:43 UTC Friday).

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