Brent Crude Falls 5.8% to $109.95 a Barrel in Latest Update

Brent crude oil extended its decline in a Monday morning market update, trading at $109.95 a barrel, down 5.8% from the previous trading session's close. The latest reading put the benchmark just below $110 and was timestamped 8:41 a.m. ET (13:41 UTC).

An earlier update at 8:38 a.m. ET listed Brent at $112 a barrel, down 5.2% against the same prior close. Over those three minutes, the quoted price fell $2.05, and the reported loss widened by 0.6 percentage point. The 5.8% figure measures the change from the previous trading session's close, not the change between the two updates.

The drop puts energy markets in focus for investors gauging inflation expectations and appetite for risk, including crypto-market sentiment. Oil-price moves can affect expectations for energy costs, while shifts in risk appetite can shape demand for volatile assets.