US benchmark WTI crude falls over four percent
US benchmark WTI crude falls over four percent
Benchmark US oil contract, West Texas Intermediate, was down more than four percent in Asian trading late Wednesday, as Iraq plans to restart exports via Turkey.
Around 0630 GMT, a barrel of WTI was down 4.26 percent at $92.11, retreating after an almost three percent jump the previous day. Brent crude, the global market benchmark, was down 2.82 percent at $100.50 a barrel.
