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Brent Crude Falls Below $100 For First Time Since Late April
Brent crude futures dropped below $100 for the first time since April 25th as recession fears fueled a broader selloff.
06 Jul 2022, 08:47 PM IST 
(Bloomberg) -- Brent crude futures dropped below $100 for the first time since April 25th as recession fears fueled a broader selloff.
The drop comes after Brent crude futures saw its third-largest drop in dollar terms on Tuesday.
Earlier, Citigroup Inc.’s Ed Morse said the outlook for oil demand will likely see further downward revisions amid higher fuel prices.
WATCH: Citi’s Ed Morse says “base case is that oil is going to go down to $85.”Source: Bloomberg
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