US crude oil futures fall below $100 a barrel
US crude oil futures fell below $100 a barrel to their lowest in more than six months on Sunday as traders bet Hurricane Ike did less damage to the nation's energy infrastructure than initially feared.
Brent crude oil prices fell below $100 a barrel for the first time in five months on Tuesday on expectations that Opec would leave formal output targets unchanged and as Hurricane Ike's threat to US Gulf of Mexico energy infrastructure receded.