WHY CRUDE OIL FALLING TODAY?
Crude oil, particularly Brent futures, experienced a nearly 4% decline to $78 per barrel, the lowest since July.
This drop resulted from indications of reduced demand and alleviated supply concerns.
Factors include China's decreased refinery throughput and a US decline in fuel supply.
This drop resulted from indications of reduced demand and alleviated supply concerns.
Factors include China's decreased refinery throughput and a US decline in fuel supply.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.