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Brent Crude Falls Below $102 a Barrel, Lowest Since September 10

The global oil benchmark dropped 3.7% on London's ICE exchange, marking its first dip under $102 in weeks, according to TASS.

· 1 min read · language: en
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TASS (Russia)

The price of Brent crude oil fell below $102 per barrel on London's ICE exchange on Monday, according to a report by Russian state news agency TASS, marking the first time the benchmark has dropped to that level since September 10.

As of 3:09 p.m. Moscow time, Brent was trading at $101.91 per barrel, down 3.7% from its previous level, TASS reported, citing exchange data.

TASS did not provide additional details on the factors driving the price movement in the excerpt reviewed.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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