Subscribe To
WTI crude ends a wild down and up day down $0.25 at $79.73
WTI crude oil is settling at $79.73. That's down $0.35 or -0.44% on the day.
The price low reached reached $75.27 which was $0.08 below the closing level from 2021 at $75.35. The fall lower was helped by a newswire headline that OPEC+ was mulling a 500K production increase at their next December 4 meeting.
Later Bloomberg reported that a Saudi official had denied the rumour and that led to a sharp rebound to the upside. The full decline lower, was retraced back to the upside.
... Read More
Posted: Nov 21 2022, 19:59
Author Name: forexlive
Views: 110895
