International Oil Prices Drop Below $70 per Barrel

International oil prices slipped under $70 per barrel on Tuesda

Crude oil extracted from reserves operated by the United Arab Emirates stood at $69 per barrel, down nearly 2 percent in the past 24 hours.

Western Texas Intermediate (WTI) stood at $72.6 (-1.6%) while Brent hovered at $76.6 per barrel (-1.6%).