Oil Retreats as Fed-Driven Rally Fizzles

Brent crude fell 1.48% to $87.66 on August 13, 2026; U.S. WTI dropped 1.67% to $81.88. The reversal unwound part of a 5% August 10 rally driven by Federal Reserve rate-cut expectations, not supply changes. No new supply headline triggered the pullback. Sustained lower WTI levels could ease near-term retail gasoline prices.