The price of oil in the global market plunged further Friday morning to the lowest levels since 2021.
Just after 11 a.m. Eastern time, both international and domestic benchmark oil prices had dropped by about 8%, inching closer to $60 a barrel. Brent crude had fallen by 7.93% to $64.58 per barrel, and West Texas Intermediate had dropped by 8.71% to $61.11.
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