Oil Prices Plummet Below $103 Amid Ongoing Decline

Oil prices declined by about 1% in early Asian trading on September 18, extending their decline for a third consecutive session. Brent crude futures fell $1.01 to $103.77 per barrel, while US West Texas Intermediate futures dropped $1.03 to $100.88 per barrel.

The decrease comes despite oil prices remaining above the $100 mark. This development may have implications for global energy markets and economies reliant on oil exports.