May WTI crude (CLK26) fell $1.62 (-1.60%) and May RBOB gasoline (RBK26) dropped $0.0787 (-2.46%). Prices moved sharply lower as mounting optimism that the Middle East war may be nearing an end reduced the geopolitical risk premium on energy markets.
May WTI crude (CLK26) fell $1.62 (-1.60%) and May RBOB gasoline (RBK26) dropped $0.0787 (-2.46%). Prices moved sharply lower as mounting optimism that the Middle East war may be nearing an end reduced the geopolitical risk premium on energy markets.
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Request a DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
