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Why the WTI Crude Oil Price Is Down Today - 7/17/15
The WTI crude oil price today is on track to close under $50 for the first time in four months amid bearish sentiment from inventory data and the Iran nuclear deal.
Yesterday, WTI closed at $50.91, the lowest settlement since March 19.
Here's a breakdown of why oil prices are still declining today...
The WTI crude oil price today is on track to close under $50 for the first time in four months amid bearish sentiment from inventory data and the Iran nuclear deal.
Yesterday, WTI closed at $50.91, the lowest settlement since March 19.
Here's a breakdown of why oil prices are still declining today...