Crude oil futures dropped towards 108 dollars a barrel, on Monday, as stock markets tumbled and the dollar strengthened, after an unusual bank bailout proposal for Cyprus threatened to trigger fresh turmoil in the euro zone.News that Cyprus would have to tax depositors as part of the bailout plan sparked fears of a run on some banks in the region, driving down the euro and other riskier assets such as Asian shares and base metals.So Brent crude oil futures fell 1.70 dollars, to a low of 108.12 dollars a barrel, before recovering a little to trade around 108.20 dollars a barrel.U.S. oil declined 1.10 dollars, to 92.35 dollars a barrel.Analysts said the bailout conditions for Cyprus, specifically the unprecedented removal of funds from depositors' accounts, was sending share and commodity prices lower.