After a massive sell-off on Monday, oil prices continued plummeting early on Tuesday, with Brent dipping below $100 per barrel for the first time since February 28, as speculators abandon the volatile market and Russia claims it wants the Iranian nuclear deal to be signed as soon as possible. As of 8:30 a.
m. EDT on Tuesday, WTI Crude had slumped by 7.61% at $95.22, and Brent Crude had dipped by 7.30% at $99.44. Brent Crude was trading below $100 per barrel for the first time this month, after hitting the triple-digit mark on March 1. Most of the…War Premium Evaporates As Oil Prices Crash Below $100
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