Global Hunter Securities Issues Crude Oil Update (WTI)

Global Hunter Securities has issued an update on the state of crude oil.

In the report Global Hunter Securities writes, "Crude decreased slightly on continued concerns that European demand will be negatively impacted by a possible third emergency bailout in the region of Portugal and news of a possible cracked and leaking reactor core at a Japanese nuclear plant… WTI crude for May delivery fell $0.20 to close at $105.40 on the NYMEX, while Brent for May delivery dropped $0.13 to finish at $115.59 on the ICE Futures Europe Exchange."

WTI traded at $21.80 on Friday at closing.