Futures Movers: Oil futures fall sharply as Biden administration seeks ways to tamp down prices

Oil futures decline on Wednesday, with U.S. prices falling below the key $80 mark, as President Joe Biden seeks ways to lower the price of gasoline for U.S. consumers.

Oil futures decline on Wednesday, with U.S. prices falling below the key $80 mark, as President Joe Biden seeks ways to lower the price of gasoline for U.S. consumers.