Brent crude tumbled ~5% to settle at $94.29 per barrel on Wednesday May 27 - the international benchmark joining WTI in the sharp Iran-talks-driven repricing, the Brent-WTI premium narrowing as both legs fell together.
Provenance — node opacity = source trust
- Evidence Strength
Strong- Evidence Observed At
- May 27, 2026 · 8:00 PM UTC
- Citation
- https://www.cnbc.com/2026/05/27/oil-price-today-iran-war-strait-hormuz.html
- Citation Source
cnbc- Market Metric
Close Price- Observed Value
- 94.29