Asian Stocks Plunge as Oil Prices Hold Steady Above $100
Asian shares experienced a decline on Thursday following a downturn on Wall Street. This comes as the price of crude oil continued to trade above $100 a barrel. The retreat in Asian stocks was led by Japan, South Korea, and other markets in the region.
The price of regular unleaded fuel has been displayed electronically on signs outside Conoco gasoline stations, with prices hovering around the $3 mark per gallon. This development follows a similar trend observed on Wall Street earlier this week.