Oil prices dropped after two weeks of gains, with the market waiting to see the economic isolation plan for due to be released later Monday. Brent fell to around $93 a barrel, after adding around 13% over the past two weeks, while West Texas Intermediate was near $86. Treasury Secretary is set to unveil details of the plan in a press conference, and sought to ratchet up pressure on allies to join the effort in an interview with CNBC.

Commodities Facebook Linked In Gift Facebook Linked In Gift Gift this article Contact us: Provide news feedback or report an error Confidential tip? Send a tip to our reporters Site feedback: Take our Survey New Window Facebook Linked In Gift August 23, 2026 at 10:03 PM UTCUpdated on August 24, 2026 at 4:02 AM UTCBookmark Save

**Takeaways** by dropped after two weeks of gains, with the market waiting to see the economic isolation plan for due to be released later Monday. fell to around $93 a barrel, after adding around 13% over the past two weeks, while West Texas Intermediate was near $86. Treasury Secretary is set to unveil details of the plan in a press conference, and sought to ratchet up pressure on allies to join the effort in an interview with CNBC.

Home BTV+Market Data Opinion Audio Originals Magazine Events News Markets Economics Technology Politics Green Crypto AIWork & Life Wealth Pursuits Businessweek City Lab Sports Equality Management & Work Market Data Stocks Commodities Rates & Bonds Currencies Futures Sectors Economic Calendar Explore Terms of Service Manage Cookies Trademarks Privacy Policy Careers Advertise Help©2026 Bloomberg L.P. All Rights Reserved.