Risk-off mood drags ICE Brent crude 2.9% lower

Published: March 19 2023, 08:31 GMT+0

Risk-off mood drags ICE Brent crude 2.9% lower

Friday at a glance: Brent Crude Oil retreats 2.9% to close at $72.53 per barrel Friday.

Brent crude oil's value drop coincided with the fact that Natural Gas dips 6.52% Friday and closed at $2.51. Crude Oil lost 2.94% Friday and closed at $68.35.

Though Brent crude has been dropping, other Energy have been performing better: Heating Oil added 1.35% and closed around $2.64 Friday.

Brent crude oil reached a significant high of $123.6 around 9 months ago but has lost 39.56% since then.

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