Oil drops below $100 a barrel for first time since early May
CNN
For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a US recession that could crimp demand for oil.
The price of West Texas Intermediate crude tumbled by almost 10% Tuesday, falling below $98 per barrel. Brent crude oil was down by more than 10%, to below $102 per barrel.
It's the first time that WTI has been below $100 since May 11, and the first time Brent has been below $100 since April 25.
Venezuelan President Nicolás Maduro said Wednesday that his US counterpart Donald Trump had revealed his true motives toward the South American country with his claim that that it had stolen US “oil, land and other assets.”
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Authorities hunting for the perpetrator of the deadly mass shooting at Brown University released a new enhanced photo yesterday. Follow for live updates