Market Overview

Crude Futures Continue Lower

Share:
Related USO
Merrill Lynch's Current Forecasts For WTI and Brent
The Default Probabilities Of Struggling Energy Stocks
Oil: We Are Approaching Equilibrium (Seeking Alpha)

After trading over 108 earlier in the session, Crude futures are now trading under 106. If the contract continues lower, major support may be found at the double bottom from Tuesday (104.34) and Wednesday (104.54).

Posted-In: Futures Technicals Commodities Intraday Update Markets Trading Ideas

 

Related Articles (USO)

Around the Web, We're Loving...

Get Benzinga's Newsletters