Brent falls 6.6 percent to $90.39 as WTI drops 6.3 percent and Murban slides 9.4 percent

The latest energy market data on Monday, 27 July 2026, show a broad decline across the main crude oil and natural gas benchmarks. Brent fell $6.39, or 6.60 percent, to trade at $90.39 a barrel, while West Texas Intermediate dropped $5.64, or 6.32 percent, to $83.67. The WTI Midland benchmark ended 5.28 percent lower at $86.23.

The steepest fall was in the UAE's Murban crude, down $10.12 or 9.44 percent to $97.05. Natural gas lost 4.04 percent to $2.755. Among refined products, gasoline fell 3.57 percent to $3.275 and heating oil dropped 2.72 percent to $4.067.

Moving against that trend, the OPEC reference basket rose $8.23, or 8.71 percent, to $102.80, and the Indian crude basket gained $10.14, or 10.88 percent, to $103.30; these baskets are published with a lag, so their moves reflect trading on earlier days. The falls in the live benchmarks came after a two day halt in strikes between the United States and Iran.