April WTI crude fell $10.10 (-10.28%) to a 1.5-week low and April RBOB gasoline dropped $0.3045 (-9.42%) to a 1-week low on Monday. Both contracts gave up an overnight advance and plunged, indicating a sharp risk-off move in energy futures that could pressure energy equities and refine margins in the near term.
April WTI crude fell $10.10 (-10.28%) to a 1.5-week low and April RBOB gasoline dropped $0.3045 (-9.42%) to a 1-week low on Monday. Both contracts gave up an overnight advance and plunged, indicating a sharp risk-off move in energy futures that could pressure energy equities and refine margins in the near term.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request a DemoOverall Sentiment
strongly negative
Sentiment Score
-0.65