Home Stock Market Oil prices fall bellow $100 to their 17th March levels : stocks

Oil prices fall bellow $100 to their 17th March levels : stocks

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Oil prices fall bellow $100 to their 17th March levels : stocks

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https://www.cnbc.com/2022/04/11/oil-markets-china-lockdown-oil-reserves.html?__source=androidappshare

Oil falls, pressured by China lockdowns, reserves release.

“Brent crude fell $2.04, or 2%, to $100.74 a barrel at 0139 GMT, while U.S. West Texas Intermediate crude lost $1.94, or 2%, to $96.32.

Last week, Brent dropped 1.5% while U.S. oil slid 1%.

For several weeks, the benchmarks have been at their most volatile since June 2020.”

If you bought your oil stocks high I would personally consider selling them and buying them cheaper eventually, just my personal opinion though.

Have a great trading day.

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