The Story
News Summary
- Oil futures dropped sharply, with WTI falling 3.5% to $98.92 as prices retreated from four-month highs.
- Downward momentum was driven by the IEA's monthly report, which lowered demand expectations, projecting a 2.5 million barrel-per-day contraction this year amid thin and volatile market conditions.
Explore WTI price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
WTI price history
104.50
+73.19% over the displayed period
Advisor Snapshot
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