Baku – APA-Economics. Oil prices plummeted Tuesday as ebbing consumer confidence in the economic recovery set off concerns about gasoline demand for the busy summer season, Associated Press reported.
Benchmark crude oil fell $2.31, or 3 percent, to settle at $75.94 on the New York Mercantile Exchange. Gasoline and other energy prices also retreated.
In London, Brent crude fell $2.15 to $75.44 a barrel on the ICE futures exchange.
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