Crude Futures Lower For Third Day In A Row

May Crude Oil futures are trading lower by $1.12 at $38.67 in Thursday's session. After beginning the week above the $40 level, it is now over $1 from that key psychological level. The decline from the end of Wednesday's session has continued into today's session. In fact, it has not even seen its closing price ($39.79), peaking at $39.77 in after-hours trading. The ensuing decline has found support ahead of its March 16 ($38.07) low, only reaching $38.33 before rebounding to its current level.