Oil prices plummet once again

Maria Novoselova / Vestnik Kavkaza

Oil prices eased on Tuesday, extending losses from a four-month low in the previous session, according to trading data.

Brent crude futures fell 73 cents, or 0.93%, to $77.63 a barrel at 06:38 GMT. Brent closed below $80 for the first time since February 7, after falling more than 3% on Monday.

WTI crude futures eased 87 cents, or 1.17% to $73.35 a barrel. It had also settled near a four-month low on June 3 after sliding 3.6%.

© Photo :Maria Novoselova / Vestnik Kavkaza