On 6 March 2026, oil prices fell after earlier gains. The drop followed reports that the U.S. government is considering possible intervention in the futures market to ease price pressure. The United States was also reported to have issued waivers allowing Indian refiners to buy Russian oil. At 02:51 GMT, Brent crude was down $1.14, or 1.33%, at $84.27 a barrel. U.S. West Texas Intermediate was down $1.46, or 1.8%, at $79.55 a barrel. The reports said U.S. measures are intended to ease supply constraints stemming from the war in the Middle East. The information provided did not specify what tools the U.S. administration is considering or when any decision might be taken.
