Oil prices were lower today as declining risk appetite hit financial assets across the board. Risk off sentiment in the broader financial markets weighed on prices. A weaker dollar provided some support for prices on easing growth in the services sector. “Beyond that, the market is really just looking for the next headline here, with the upcoming storage reports in focus,” Mizuho analyst Robert Yawger said. WTI traded down $.59 or -.8% to close at $78.15. Brent traded down $.76 or -.9% to close at $82.04

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mars
  • Where: Renaissance Schaumburg Convention Center Hotel
  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Cyndi Popov (403-402-5043)
  • Conference Website
mars
  • Where: La Quinta Resort & Club, La Quinta, California
  • Attending: Curtis Chandler (239.405.3365)
  • Conference Website
opis
  • Where: Charlotte Harbor, Florida
  • Attending: David Cohen (954-729-4774), Brian Baker (239)297-4519
  • Conference Website