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US Crude Drops after Hawkish Fed Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US crude has lost ground on Thursday, continuing the downward trend seen on Wednesday. Crude is trading at $46.98 per barrel in the North American session. Brent crude is trading at $47.52, as the Brent premium has narrowed to $0.54. In economic news, the Philly Fed Manufacturing Index dropped 1.8[​IMG]

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