UPDATE | Oil prices dropped around 2% to a three-week low on Tuesday amid volatile trading. Brent crude futures fell $1.63, or 2%, to $103.14 per barrel by 15:44 GMT, while US West Texas Intermediate (WTI) crude declined 67 cents, or 1%, to $95.79. Brent was heading towards its lowest closing level since 7 October, while WTI was on track for its weakest close since 14 October.
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