Risk-off mood drags US crude oil 2.94% lower

Published: March 18 2023, 22:36 GMT+0

Risk-off mood drags US crude oil 2.94% lower

Yesterday at a glance: Crude Oil slides down 2.94% to close at $66.34 per barrel yesterday.

WTI 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 is down to $72.53, losing $2.17, after ending the previous session around $74.7.

Positive performances can be seen by looking at other Energy markets as Heating Oil ascends 1.35% yesterday and closed at $2.64.

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

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