Title: StockWatch: Oil Drops Below $100, Is this the Calm Before the Storm?
Post by: PocketOption on Mar 17, 2022, 04:54 pm
Post by: PocketOption on Mar 17, 2022, 04:54 pm
StockWatch: Oil Drops Below $100, Is this the Calm Before the Storm?
Source: StockWatch: Oil Drops Below $100, Is this the Calm Before the Storm? (https://www.orbex.com/blog/en/2022/03/stockwatch-oil-drops-below-100-is-this-the-calm-before-the-storm)
Oil continues its decline, dropping below $100, and it’s now more than 27% below recent highs.
With and e leaders reportedly discussing a possible ceasefire, the sell-off continued.
There’s also a focus on the price of natural gas after lofty highs like to take a breather as we close in on the weekend.
Timestamps:
- WTI 01:55
- NGAS 03:35
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Source: StockWatch: Oil Drops Below $100, Is this the Calm Before the Storm? (https://www.orbex.com/blog/en/2022/03/stockwatch-oil-drops-below-100-is-this-the-calm-before-the-storm)