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U.S. and Brent crude oil continue to plummet, with U.S. oil approaching $100 per barrel
The Beijing News Shell Finance reported that on March 9, both U.S. and Brent crude oil prices continued to plummet. Brent crude fell below $107 per barrel, and U.S. crude approached $100 per barrel at one point, after previously soaring to nearly $120 per barrel. On the news front, the G7 will discuss jointly releasing emergency oil reserves.