Oil Prices Plunge on July 30
Oil prices have taken a hit this week, with WTI Crude Oil (Light Sweet) at the NYMEX Stock Exchange experiencing a decline of 1.61% to $82.35 per barrel on July 30.
Brent Crude Oil, traded at London's ICE Stock Exchange, also saw a decrease by 1.65% to $88.09 per barrel on the same day.
The NYMEX and ICE are two of the world's leading futures markets, with the NYMEX being founded in 1882 and ranking first in oil futures trade.