Oil prices dropped by almost 3 percent on Thursday morning and were set for the biggest percentage drop since early April, after the restart of Colonial Pipeline eased some of the concerns about gasoline shortages in the U.S. East. As of 11:01 a.m. EDT on Thursday, WTI Crude was falling by 2.94 percent at $64.
14 and Brent Crude was down by 2.64 percent at $67.49. Oil prices snapped the winning streak from earlier this week when reports from both OPEC and the International Energy Agency (IEA) reiterated the view that global oil demand would rebound…Oil Prices Set For Biggest Daily Drop Since Early April
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