Oil drops to 3-month low on waning demand in US, China; Brent crashes to $79/bbl
Brent crude futures fell $1.68, or 2 per cent, to $79.93 a barrel, and US crude lost $1.78, or 2.3 per cent, to $75.59. Both benchmarks hit their lowest since late July, according to news agency Reuters. Crude is trading below its levels from before the Israel-Hamas war, which hasRead More →