Oil at $100 No Spur Yet to Release Stockpiles: Energy Markets

Oil at $100 No Spur Yet to Release Stockpiles: Energy Markets

Shane Bevel/Bloomberg

West Texas Intermediate crude dropped to $94.62 a barrel in electronic trading on the New York Mercantile Exchange as of 8:12 a.m. local time today, taking its decline this year to 4.4 percent.