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International oil prices dropped significantly on the 16th


Published:

2026-03-17

International oil prices dropped significantly on the 16th

As of the close of trading on that day, the price of April-delivery light crude oil futures on the New York Mercantile Exchange dropped by $5.21 to $93.50 per barrel, representing a decline of 5.28%; the price of May-delivery Brent crude oil futures on the London Mercantile Exchange fell by $2.93 to $100.21 per barrel, indicating a decrease of 2.84%.