Both WTI and Brent crude oil prices fell by more than 3% during the day.

CoinFeed reported on May 20th that, according to Bybit data, both WTI and Brent crude oil prices continued to decline, falling more than 3% intraday, currently trading at $104.36/barrel and $104.26/barrel respectively. In related news, the Iranian Navy stated that it allowed 26 ships to pass through in the past 24 hours.