Crude oil prices fall to $105/bbl, Brent Down 2.3% After Netanyahu Statement; Stocks End Lower

On March 20, 2026, global crude oil prices fell sharply, with Brent crude trading near $105 per barrel after a key geopolitical statement eased fears of broader conflict. Brent dropped roughly 2.3% during early trade, while U.S. stocks also ended lower as markets digested the news. We saw a volatile few weeks in energy markets. Not long ago, oil surged above $119 per barrel as Middle East tensions spiked. But in the latest session, prices pulled back.