Crude oil plunged on US pipeline resumption
Crude oil plunged on US pipeline resumption
International benchmarks for crude oil fell more than 3% on Thursday, 13 May 2021 as the COVID-19 outbreak in India worsen and a key pipeline in the US resumed operations after a cyber-attacked forced the company to shut down for nearly a week.
Brent plunged $2.27 or 3.39% to $67.05/barrel.
WTI fell $2.26 or 3.54% to $63.82/barrel.