Oil Prices Tumble as Crude Hits $100.30

The latest oil price update from Odessa American shows that Crude Oil has dropped to $100.30 per barrel, down by $1.61 from yesterday's price.

Natural Gas prices have also seen a slight increase, rising by $0.011 to $2.912 per unit. In contrast, Gasoline prices have increased by 0.0203 to $3.5276 per gallon.

The spreads for October/November and November/December have widened by +4.22 and +4.03 respectively. The Plains WTI Posting has also dropped to $96.78 per barrel.