Crude Oil Lower For Sixth Day In A Row

July Crude Oil futures are trading lower by $1.47 at $46.53 per barrel in Thursday's session. It's trading lower for the sixth day in a row. Over that time period, it has fallen from its high close of the move on June 8 ($51.23) to its current level.

After a lower open, it continued in that direction, so far reaching $46.16 and attempting to rebound. That marks the lowest level for the contract since May 11, when it bottomed at $44.66. On the following day, it rallied to $47.45.