Brent oil drops below $90, first time since before Ukraine war
Caption: The main international oil contract, Brent crude, fell below $90 per barrel on Wednesday, a level not seen since before Russia's invasion of Ukraine, as recession fears weigh on the market.
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The main international oil contract, Brent crude, fell below $90 per barrel on Wednesday, a level not seen since before Russia's invasion of Ukraine, as recession fears weigh on the market.
Brent fell by more than three percent to $89.88 at around 1320 GMT while the US benchmark, WTI, fell under the $85 mark for the first time since January.