Commodities Oil prices fall more than one percent as US stock markets retreat Updated : December 28, 2018 06:13 AM IST Prices surged on Wednesday, tracking heavily with a spike in the US equities market after President Donald Trump's administration attempted to shore up investor confidence. Both Brent and WTI have lost more than a third of their value since the beginning of October and are heading for losses of around 20 percent in 2018. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.