Brent Crude dropped (6.5%) for the week and is approaching a strong long-term support level. WTI Crude has a very similar set-up. I expect an eventual bounce near this level, but trading could continue to drift lower in the short term.
Information presented is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. No representations are made by Barchart as to its informational accuracy or completeness.