Oil Prices Fall as WTI Settles at $88.20 and Brent at $91.45

International oil prices fell sharply on June 9. According to Jin10, July delivery West Texas Intermediate (WTI) crude futures on the New York Mercantile Exchange dropped $3.10 to settle at $88.20 a barrel, a decline of 3.4%. August delivery Brent crude futures in London fell $2.80 to settle at $91.45 a barrel, down 2.97%.