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Brent and WTI decline as global demand expectations soften
Brent dropped 1.
Oil benchmarks fell, with Brent crude down 1.8% and West Texas Intermediate lower by 2.2%. Prices eased as traders assessed global demand trends ahead of a lighter trading week in the United States due to Thanksgiving. The decline aligned with reduced industrial indicators from key regions and slower refinery intake across select markets. Trading volumes stayed moderate following the drop.