Oil Prices Drop Below $100 as Strait of Hormuz Deal Nears — What It Means for Pakistan Detail Inside

Oil Prices Drop Below $100 as Strait of Hormuz Deal Nears — What It Means for Pakistan Detail Inside

Oil Prices Drop Below $100 Everyone expected oil prices to stay high. Then Monday morning changed everything. In early Asian trading today, Brent crude crashed more than 5 percent, falling below the $100 mark to $98.27 per barrel. West Texas Intermediate followed, sliding to $91.63. The reason? Reports that a deal to reopen the Strait … Read more