Oil prices edge lower after booking strong first quarter

Crude oil futures ticked slightly lower Monday, taking a breather after a strong first quarter.

The West Texas Intermediate contract for May delivery lost 33 cents, or 0.4%, to $82.84 a barrel on the first day of trading for the second quarter. The Brent contract for June delivery dropped 40 cents, or 0.49%, to $86.57 a barrel.

U.S. crude and Brent also booked three consecutive months of gains. WTI is up 15.5% for the year while Brent has risen 12.3%.

https://www.cnbc.com/2024/04/01/crude-oil-prices-today.html

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google’s reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.