WTI crude oil ends 9-day winning streak, settles 67-cents lower

  • Oil down 67-cents to $86.87 after 9 days of gains
oil daily
oil daily

No even a surprisingly large draw in US crude oil inventories could combat the inevitable profit taking of a nine-day rally in oil. WTI crude settled lower by 67-cents to $86.87 per barrel.

There's a technical case to retest the old range top at $84-85 before continuing the move higher.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access