Risk-off mood drags ICE Brent crude 2.9% lower

Published: March 19 2023, 10:21 GMT+0

Risk-off mood drags ICE Brent crude 2.9% lower

Friday at a glance: Brent Crude Oil ended Friday at $72.53 per barrel following from closing Thursday at $74.7. Overall, this represents a loss of $2.17 or 2.9%.

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

Positive performances can be seen by looking at other Energy markets as Heating Oil is trading around $2.68 after ending Friday's session at $2.64 (up 1.35% today).

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

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