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U.S. oil futures end lower for a second straight session

Clyde Edgerton by Clyde Edgerton
October 5, 2023
in Markets
U.S. oil futures end lower for a second straight session
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Oil futures fell on Thursday for a second straight session, with U.S. prices marking another settlement at their lowest since late August. “OPEC+ worked hard to get oil back to $90 a barrel and they will likely continue to do whatever it takes to make sure we don’t see prices return to the lows of the year, which is around the $70 level,” said Edward Moya, senior market analyst at OANDA. November West Texas Intermediate crude
CLX23,
-2.03%
lost $1.91, or 2.3%, to settle at $82.31 a barrel on the New York Mercantile Exchange.



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