Brent oil prices drop below $80 a barrel at ICE: Trading data
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Brent oil futures with delivery in January fell below $80 per barrel at the London-based ICE for the first time since July 21, according to trading data.
Brent prices lost 1.63 percent to $79.98 per barrel.
Brent futures recovered later to $80 per barrel, down 1.61%. WTI futures with the settlement in January plunged by 1.69 percent to $75.68 per barrel, reports BSS/AFP.