WTI Crude Falls 3.4% to $87.72 as Brent Crude Also Declines

West Texas Intermediate (WTI) crude fell 3.4% to $87.72 a barrel in a Nov. 9 market snapshot, while Brent also declined, putting both oil benchmarks lower during trading.

Brent was quoted at $94.56 a barrel, down 3.8% intraday. The percentages describe moves during the session, not final daily results.

WTI is a U.S. crude benchmark, while Brent is an international benchmark. The simultaneous declines put oil prices in focus for investors following energy and broader financial markets. The Nov. 9 readings capture a point during trading, so neither quote establishes where its benchmark finished the session.