Crude futures fall, gas prices drop

Global oil prices have declined, with futures contracts experiencing losses and price volatility, along with a 5% drop in U.S. gasoline prices. Brent crude fell below $104 per barrel, while West Texas Intermediate (WTI) reached its highest level since May at $104.95, only to later drop by more than 3% to around $92.8. The market also experienced disruptions after attacks that led to the closure of a Saudi pipeline, causing a temporary increase in oil prices.

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