Crude reverses initial move higher following the EIA data back towards the lows of the day with demand concerns offsetting the US stock draw.

  • Brent MAY 23 down -1.1% at 82.35$/bbl
  • WTI APR 23 down -1.5% at 76.42$/bbl

OIL: Crude Reverses Direction Back To Low of the Day

Last updated at:Mar-08 15:56By: David Lee

Crude reverses initial move higher following the EIA data back towards the lows of the day with demand concerns offsetting the US stock draw.

  • Brent MAY 23 down -1.1% at 82.35$/bbl
  • WTI APR 23 down -1.5% at 76.42$/bbl