Today’s Market Trend
The oil complex continued to weaken overnight. WTI prices are down in the range of $52.50-$53.00/b this morning, after trading in the $53.50-$54.00/b range yesterday morning. The selloff has affected both crude and product markets. WTI opened at $53.14/b today, a drop of $0.67 from yesterday’s opening price. Current prices have fallen to $52.71/b, $0.30 […]