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Crude oil prices hit a 3-year low on Tuesday, September 10, 2024, as negative market sentiment overwhelmed traders. WTI crude fell by over 4% to $65.75 per barrel, while Brent crude dropped to $69.19 per barrel. These declines mark the steepest drop in oil prices since late 2021. Market participants are reacting to a combination of factors, including supply disruptions and fears of economic instability. The timing of the price drop coincided with the highly anticipated US presidential debate between Donald Trump and Kamala Harris. Investors are now worried about how the outcome of the election…

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