The Economic Times

Why is oil price down by 7% now, and will Brent crude futures go below $91.71 or rise again soon? Oil price fall, analysts insights and market outlook explained. Here's what should investors do now

Why is oil price down by 7% now, and will Brent crude futures go below $91.71 or rise again soon? Oil markets dropped after U.S. President Donald Trump said the Middle East war could end soon. Brent crude futures fell to $91.71 after a large surge earlier. Supply concerns, sanctions debate, and global market reactions also influenced prices.