Brent Oil Erases All 2022 Gains As It Dips Below $80 ...Middle East

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Brent Oil Erases All 2022 Gains As It Dips Below $80
Brent Crude prices settled below $80 per barrel on Tuesday and continued to trade below that level early on Wednesday in Asian trade, erasing all the gains from 2022 as it plunged to the lowest level in a year. The last time Brent had settled below $80 per barrel was in early January this year, more than a month before the Russian invasion of Ukraine which roiled global energy markets and sent crude oil prices above $100 per barrel in the spring. Early on Wednesday in Asian trade, Brent Crude traded at $79.58, up by 0.28%, and WTI Crude was trading…

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