BRENT.MI is trading 4.6% down today, reflecting continued weakness in Brent crude futures following a sharp two-day selloff.
- Oil prices fell more than 6% on July 27 to around $91 per barrel, dropping further to approximately $81 on July 28.
- The decline is driven by easing energy inflation pressure and reported progress on Iran diplomacy.
- Leveraged Brent products are seeing amplified losses as the underlying commodity continues to face downward pressure.