Oil Prices Plummet to $92.17 per Barrel Amid Investor Profit-Taking
Oil prices declined on Monday, with Brent crude settling at $92.17 per barrel. The price drop occurred as investors took profits, according to Reuters.
Brent crude futures fell by $2.22, or 2.35%, while U.S. West Texas Intermediate crude decreased by $2.05 a barrel, down 2.35% at $85.01.