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Oil finishes 1.5% lower but well above the worst levels of the day

Oil finishes 1.5% lower but well above the worst levels of the day

Oil dropped but bounced
WTI crude oil settled down $1.11 to $71.04.
The drop today breaks a two-week run of new intraday highs nearly every day. The move had grown long in the tooth but the bulls had something to cling to late in the day as it bounced from a low of $69.77.

Source: Forexlive RSS Breaking news feed
Date: June 18, 2021, 05:12