Baku – APA-Economics. The price of oil dropped near $100 a barrel Tuesday on expectations that U.S. oil supplies rose last week, Washington Post reported.
Benchmark U.S. crude for April delivery dropped $1.09 to close at $100.03 a barrel on the New York Mercantile Exchange, the lowest price in a month.
Brent crude, used to set prices for international varieties of crude, rose 47 cents to $108.55 on the ICE Futures exchange in London.