WTI crude oil prices hover near a four-week low of $89.00 as bearish sentiment persists for the second straight day of trading.
WTI crude oil is experiencing sustained downward pressure, marking a second consecutive day of selling activity. The commodity is currently trading near the $89.00 level, which represents a four-week low, signaling a shift toward bearish market sentiment during the early European session.
WTI is currently in a bearish trend, trading near $89.00, which is a four-week low.
The article notes that sellers have been active for the second straight day.
West Texas Intermediate crude oil prices face downward pressure for the second consecutive session, trading near the $89.00 level. The benchmark commodity struggles to find support during early European trading hours as sellers maintain control.
WTI crude oil is currently experiencing a bearish trend, trading near $89.00 following two consecutive days of losses.