Nymex Overview: Futures Stumble as WTI Drops Below $70, Products Following -- OPIS

By MarketWatch | Nov 11, 2024 at 12:40 PM EST

Oil prices dropped due to bearish sentiment after disappointment over a Chinese stimulus package. WTI fell below $68/bbl, Brent also decreased. Refined products saw smaller declines. Gasoline prices have dropped below $2/gal. Markets are closely monitoring these price movements.

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