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US crude oil declined by 6.6% and Brent crude oil prices dropped significantly

NEW YORK, Nov. 21 ( – Crude oil prices have been hit hard on Tuesday. US light oil dropped 6.6 percent to $ 53.43 a barrel, the lowest for more than a year.

Brent crude oil, whose price serves as an international reference price, declined 6.4 percent to $ 62.53 a barrel.

The wholesale price of gasoline on the US market fell 5.5 percent to $ 1.50. The gallon and heating oil prices fell 4.6 percent to $ 1.99 a gallon.

(1 EUR = 1.1421 USD)

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