Risk-off mood drags WTI crude oil 2.94% lower

Published: March 19 2023, 09:21 GMT+0

Risk-off mood drags WTI crude oil 2.94% lower

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

WTI crude's value drop coincided with the fact that Natural Gas drops 6.52% Friday and closed at $2.51. Brent Crude Oil lost 2.9% Friday and closed at $74.7.

Though West Texas crude has been dropping, other Energy have been performing better: notably, Heating Oil rose 1.35% Friday and closed at $2.64.

WTI crude has fallen back around 44.02% over the past 9 months, from a notable high of $122.09.

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