WTI ▼ -4.9% - W&T Offshore, Inc. $WTI crude slid below $98/bbl, down about 3% intraday. Brent crude fell 2.5% to $102.31/bbl. W&T Offshore shares fell 4.9% as crude oil prices declined across the board, with West Texas Intermediate sliding below $98 per barrel—down roughly 3% intraday—while Brent crude dropped 2.5% to $102.31 per barrel. The weakness in global oil prices typically pressures exploration and production companies like WTI, which derive revenue directly from hydrocarbon sales. 16-SEP-2026 10:59 AM ET