WORLD

Crude Futures Settle Lower

07/05/2026 11:06 AM

NEW YORK, May 7 (Bernama-Xinhua) -- Oil prices went down on Wednesday.

The West Texas Intermediate for June delivery dropped US$7.19, or 7.03 per cent, to settle at US$95.08 a barrel on the New York Mercantile Exchange.

Brent crude for July delivery lost US$8.60, or 7.83 per cent, to settle at US$101.27 a barrel on the London ICE Futures Exchange.  

-- BERNAMA-XINHUA

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