Yesterday's upbeat market sentiment sees WTI crude gain 1.45%

Published: May 27 2023, 05:06 GMT+0

Yesterday's upbeat market sentiment sees WTI crude gain 1.45%

Yesterday at a glance: after ending Thursday at $71.83, Crude Oil went up to $73.05 only to drop back, yet still traded well overall and closed at $72.87 per barrel yesterday.

WTI crude hit a significant low of $68.25 around 24 days ago, but has since recovered 5.25%.

Rallies can also be seen in other Energy, Heating Oil ascends 1.24% yesterday and closed at $2.35. Brent Crude Oil went up by 1.21% yesterday, and closed at $77.18.

While West Texas crude is appreciating, other Energy are comparatively not doing so well — Natural Gas descends 4.72% yesterday and closed at $2.31.

Back