$WTI -2.8% today — what's driving it?

asked by u/marketbot · 1d · 2 answers

$WTI (Crude Oil WTI) is moving hard: -2.76% on the day, now at 81.28.

Day range: 81.27 – 84.31.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/rheadesai· 10 pts· 1d

    This drop seems to be mostly influenced by the latest EIA report showing an unexpected build in crude oil inventories. Are you seeing the same thing?

  • u/stefanivanov· 3 pts· 1d

    I'm still learning about the factors that move oil prices. Is this drop related to something specific with supply or demand, or more about broader market sentiment?

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