MOSCOW, November 3. /TASS/. The price of January Brent crude futures on the London-based ICE exchange dropped below $101 per barrel for the first time since October 8, market data showed.

As of 04:45 p.m. Moscow time (01:45 p.m. GMT), Brent crude was trading down 3.72% at $100.80 per barrel.

By 04:52 p.m. Moscow time (01:52 p.m. GMT), Brent trimmed its losses to trade at $101.66 per barrel (down 2.97%). Meanwhile, December WTI crude futures fell 1.94% to $94.59 per barrel.