MARKETS

Oil prices plunge nearly 10% with WTI under US$100/bbl

Global oil prices dropped on Tuesday with global oil benchmark, London-traded Brent crude futures plunging 9.45%, some $10.73, to $102.77 per barrel.

Tim Daiss

Oil prices plunge nearly 10% with WTI under US$100/bbl

US oil benchmark, NYMEX-traded West Texas Intermediate (WTI) crude also plunged 8.24%, $8.93, to $99.50 per barrel - its lowest point since May 11 when it breached the $100 price point for this first...

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