Wire flash
Brent crude futures fall below $100/bbl for first time since Sept 9
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Brent crude oil futures have fallen below the $100 per barrel mark, reaching this level for the first time since September 9, according to data from Jin10. The decline represents a significant move in the global oil market, which has been under pressure from various economic and geopolitical factors. The brief report does not provide specific reasons for the drop, but such movements are typically driven by concerns over demand, supply dynamics, or broader macroeconomic conditions. The price level is closely watched by traders and analysts as a key psychological and technical threshold for the commodity.
Source
金十数据Neutral / independent
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Brent crude oil plunges below $100, WTI drops over 5% in sharp sell-off