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US crude futures fall $4.45 or 3.94% to $108.50/bbl on open

US crude futures fall $4.45 or 3.94% to $108.50/bbl on open

FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

08 Apr 2026 06:38AM

PERTH, April 8 : U.S. West Texas Intermediate crude oil fell in early trade on Wednesday, roughly two hours ahead of U.S. President Donald Trump's deadline for Iran to open the Strait of Hormuz.

WTI crude dated for May delivery fell $4.45, or 3.94 per cent, to $108.50 per barrel as of 2216 GMT.

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Source: Reuters
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