Oil drops by over 1% 🛢️📉

Oil continues its downward trend, driven by relentless pressure on prices due to significant and long-term surpluses of the commodity in the market. Some investors were waiting for the monthly OPEC report as a source of information to support demand, but these proved insufficient.

As a result, WTI and Brent oil contracts are losing about 1.4%.

OIL.WTI (H1)

Source: xStation5

20 April 2026, 18:58

Daily Summary: Geopolitical tensions are back; markets in risk-off mode💡

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US OPEN: Return of geopolitical concerns hits markets 💥

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⚫Brent Oil Above $90 per Barrel

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