World oil prices drop 5 pct-Xinhua

World oil prices drop 5 pct

Source: Xinhua

Editor: huaxia

2026-05-07 21:38:15

BEIJING, May 7 (Xinhua) -- Global oil prices fell more than 5 percent on Thursday, with Brent North Sea crude dropping 5.1 percent to 96.06 U.S. dollars a barrel.

The main U.S. contract, West Texas Intermediate, lost 5.5 percent to 89.87 dollars.