Bearish WTI crude oil currently 94 cents lower after trading as high as $79.9

Published: November 25 2022, 17:35 GMT+0

Bearish WTI crude oil currently 94 cents lower after trading as high as $79.9

After closing at $77.94 yesterday, Crude Oil opened today at $77.51, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, Crude Oil retains a distinct $76.89 to $79.9 daily range.

Taking a look at other Energy commodities, negative performances are evident as Heating Oil is trading around $3.29 (down 7.19 cents). Natural Gas is trading around $7.1 (down 20.8 cents). Brent Crude Oil draws back 1.29% to trade around $84.31.

US crude oil has shed 17.96% over the past three months.

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