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U.S. and Brent crude oil prices plunge in the short term, U.S. oil drops below $100 mark
Odaily Planet Daily reports that Gate data shows that U.S. and Brent crude oil prices have sharply fallen. WTI crude oil briefly dropped to $97.6 per barrel, breaking below the $100 per barrel level. It has since rebounded slightly to $99.4 per barrel, with the intraday increase narrowing to 8.5%. Brent crude oil continued to decline, falling to $102.5 per barrel, with the intraday increase narrowing to 11%.