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$WTI -2.8% today — what's driving it?
$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. 👇
2 comments · 15 points
2 Comments
STu/stefanivanov·1mo
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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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?