Oil prices plunged by 3% on Monday as market sentiment hedged its bets that Israel’s ground invasion of Gaza would not have global repercussions impacting oil and gas supplies. On Monday at 1:45 p.m. Brent crude was trading down 3.09% at $87.68 per barrel for a loss of $2.80 on the day. West Texas Intermediate (WTI) was trading down 3.
66% at $82.41 per barrel, for a loss of $3.13 on the day. The plunge in prices comes as Israel on Monday intensified its ground invasion in the northern Gaza Strip, with the death toll…Oil Prices Plunge 3% as Market Weighs Israeli Attack on Gaza
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