Crude Oil Prices Plummet

Crude Oil Prices Plummet: A Broad Decline Across ContractsThe latest numbers for Light Sweet Crude oil show a significant drop in prices across various contracts. The January, February, and March twenty-six contracts all closed lower than their previous closes, with the January contract seeing a ninety-cent decrease. The trading volume and open interest also saw a decline, suggesting a cautious approach from traders. This downward trend extends into future contracts, indicating a consistent market sentiment of a softening crude oil market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.