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🔴 $WTI -2.8% — live discussion
$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 · 1 points
$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. 👇
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?
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?