BREAKING: Oil prices drop below $80 per barrel in global market

By Eyo Nsima

Crude oil prices dropped, this morning, below $80 per barrel, from more than $80, recorded last week, due to expected weak economic data from China, a major consumer.

Checks by The Daily, www.thedaily-ng.com, indicated that many crudes, including Brent, OPEC Basket, WTI and Bonny Light traded at $78.69, $78.40, $75.10 and $79.71 per barrel respectively.

.Details coming later.