Business

Oil Prices Plunge After Weekly Gains

Updated 2026-09-11 11:55 UTC 1 source Negative

Global oil prices fell sharply after a multi-day winning streak, reaching above $100 per barrel. The International Energy Agency warned of strained global refining systems due to ongoing conflicts in Iran and Ukraine.

Coverage timeline — 2 articles
CNBC
The decline snapped multi-day winning streaks for both Brent and WTI crude oil futures.
2026-09-11 10:39 UTC
CNBC
The energy agency warned shrinking inventories and strained refineries could further tighten markets.
2026-09-11 10:56 UTC
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