Oil continues decline, WTI down 3%
Prices for oil futures continued their decline on Wednesday, as United States President Joe Biden asked the Federal Trade Commission to investigate surging gas prices and how companies set them.
Brent for deliveries in January 2022 dropped 2.16% to sell for $80.49 per barrel at 3:08 pm ET. West Texas Intermediate (WTI) for settlements in December 2021 declined 2.99% to trade for $78.29 per barrel.
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