Crude Oil Futures Lower

Crude Oil futures are trading lower by $1.10 at $40.35 in Wednesday's session. After a lower open, it was never able to regain Tuesday's closing price ($41.45), only reaching $41.34 before continuing lower. So far, it has surpassed Monday's low ($40.44), reaching $40.17 and is attempting to distance itself from that level. If the decline continues, there may additioanl support at its March 17 low ($39.93).