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Crude Falls Below Lows from Last Week

OIL

Crude futures and time spreads extend the decline with front month Brent and WTI now trading below the lows from Friday.

  • Next technical support for Brent is at the 23 Feb low of 80.25$/bbl and for WTI at 73.80$/bbl.
    • Brent MAY 23 down -2.6% at 80.59$/bbl
    • WTI APR 23 down -2.8% at 74.51$/bbl
    • WTI-Brent unchanged at -5.95$/bbl
    • Brent MAY 23-JUN 23 down -0.04$/bbl at 0.58$/bbl
    • Brent JUN 23-DEC 23 down -0.24$/bbl at 2.31$/bbl
    • Brent DEC 23-DEC 24 down -0.57$/bbl at 4.03$/bbl

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