Risk-off mood drags US crude oil 2.94% lower

Published: March 19 2023, 19:15 GMT+0

Risk-off mood drags US crude oil 2.94% lower

Friday at a glance: Crude Oil goes down 2.94% to close at $66.34 per barrel Friday.

US crude oil's value drop coincided with the fact that Natural Gas is down to $2.35, losing 16.4 cents, after ending the previous session around $2.51. Brent Crude Oil draws back 2.9% Friday and closed at $74.7.

Though West Texas crude has been dropping, other Energy have been performing better: Heating Oil went up by 1.35% Friday, and closed at $2.68.

9 months ago WTI crude reached a significant high of $122.09 but has consequently lost 44.02% since then.

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