Muscat: Brent crude futures fell by $2.03, or 2.83%, to close at $69.67 a barrel, while U.S. West Texas Intermediate (WTI) crude slipped $1.93, or 2.79%, ending the day at $67.33 a barrel.
Despite the sharp daily decline, both benchmarks posted solid weekly gains. Brent crude finished the week up roughly 6%, while WTI recorded a weekly rise of 6.29%, buoyed earlier by tightening supply signals and broader market optimism.
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