Crude futures price plunges to $103,74 in London, in New York - to $81,31

On Monday, IPE Brent crude oil futures for Sept. delivery slumped $5,63 to settle at $103,74 a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude dropped by $5,57 to $81,31 a barrel on the New York Mercantile Exchange.