
Crude oil futures prices drop 5 pct on US-Iran deal prospect
West Texas Intermediate crude for July delivery dropped as much as 5.35 U.S. dollars, or 5.53 percent, to 91.25 dollars per barrel at one point. Brent crude for July delivery sank 5.57 dollars, or 5.38 percent, to 97.97 dollars a barrel at the low point.