When the markets opened:
WTI is down $1.11 to $53.59/Bbl, and Brent is down $1.12 to $59.39/Bbl.
Natural gas is up 8.5c to $2.299/MMBtu.
Light trading because of Columbus Day holiday.
The oil price is all about the U.S. vs China Trade War. Rumor today is that China wants more tariff relief than Trump agreed to on Friday.
Oil Price - Oct 14
Oil Price - Oct 14
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group