Oil drops sharply after prior day’s rally
More-active November Nymex WTI was down $3.30 to around $97.45/bbl at 12:10 p.m. ET, as the prior day’s gain was largely given back.
Crude oil contracts were down more than $3 around midday Wednesday, giving back much of the prior session’s strong advance as concerns persisted over threats to Middle East shipping lanes and energy infrastructure. m. 45/bbl, while October W…