Risk-off mood drags WTI crude oil 2.94% lower

Published: March 19 2023, 10:01 GMT+0

Risk-off mood drags WTI crude oil 2.94% lower

A quick look at Friday: Crude Oil decreases 2.94% to close at $66.34 per barrel Friday.

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

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 is trading around $2.68 after ending Friday's session at $2.64 (up 1.35% today).

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