Pace of Crude’s Decline Slows, But Sentiment Remains Bearish

摘要

Crude oil prices posted negligible losses Thursday, despite persistent bearish senti- ment, as book-squaring in the products market helped to slow the pace of crude’s recent decline. Nymex March crude dipped just 3￠ to $73.64 per barrel, while March Brent on ICE Futures slid 11￠ to $72.13.