Risk-off mood drags WTI crude oil 2.94% lower

Published: March 19 2023, 14:06 GMT+0

Risk-off mood drags WTI crude oil 2.94% lower

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

US crude oil'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 WTI crude has been dropping, other Energy have been performing better: Heating Oil added 1.35% and closed around $2.64 Friday.

WTI crude is now trading 44.02% below the significant high of $122.09 it set around 9 months ago.

Back