Crude futures price plunges to $106,99 in London, in New York - to $82,38

On Wednesday, IPE Brent crude oil futures for Sept. delivery dropped $3.61 to $106,99 a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude plummeted $5.2 to settle at $82,38 a barrel on the New York Mercantile Exchange.