Why Delta Air Lines Stock Is Climbing Friday Afternoon

WTI crude plunged more than 14% to about $81 a barrel and Brent fell 10% to roughly $89 as traders quickly removed the geopolitical supply risk premium. The move signals a sharp unwind in energy prices and likely reflects a broad risk-off reassessment across oil markets. The drop is large enough to have market-wide implications for energy-linked assets and inflation expectations.

Analysis

WTI crude plunged more than 14% to about $81 a barrel and Brent fell 10% to roughly $89 as traders quickly removed the geopolitical supply risk premium. The move signals a sharp unwind in energy prices and likely reflects a broad risk-off reassessment across oil markets. The drop is large enough to have market-wide implications for energy-linked assets and inflation expectations.