skews13
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- Mar 18, 2017
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Oil futures tumbled with the most-active U.S. contract finishing at the lowest level in 15 months and booking its biggest weekly drop in nine months, according to Dow Jones Market Data.
The U.S. benchmark West Texas Intermediate crude for April delivery CL00 CL.1 CLJ23 fell $1.61, or 2.4%, to settle at $66.74 a barrel on the New York Mercantile Exchange, leaving the contract with a weekly loss of 13%, according to Dow Jones Market Data.
The contract declined by 14.2% in the past seven trading sessions, according to Dow Jones Market Data.
And no. Inflation or woke got nothing to do with it. So let’s hear those tall tales of fail.
The U.S. benchmark West Texas Intermediate crude for April delivery CL00 CL.1 CLJ23 fell $1.61, or 2.4%, to settle at $66.74 a barrel on the New York Mercantile Exchange, leaving the contract with a weekly loss of 13%, according to Dow Jones Market Data.
The contract declined by 14.2% in the past seven trading sessions, according to Dow Jones Market Data.
And no. Inflation or woke got nothing to do with it. So let’s hear those tall tales of fail.