West Texas Intermediate (WTI) futures have hit their lowest level since July 20 after experiencing a significant drop. According to Walter Bloomberg, WTI futures fell by 2.5% to $80.54 a barrel.
This price decline marks the lowest point for WTI futures since July 20.
On July 28, US crude futures also experienced a similar decline, dropping more than 2% and reaching their lowest level since July 20.
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