International crude oil prices plummet, with Brent crude falling below $95 to mark its largest weekly drop since the pandemic
International crude oil prices plummeted, with Brent crude breaking below $95 to record its largest weekly drop since the pandemic. Driven by easing concerns over Middle East conflict following the Democrats' strong performance in the U.S. midterms, coupled with calls from U.S. Vice President Vance to end the war, Brent crude plunged about 20% this week to around $95, while WTI crude fell 16% to around $88, facing their largest weekly declines since the COVID-19 pandemic.
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