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NewsSignals AI analysis·Reuters·

Oil prices down almost $1 in early trading

Grade Bbearish AI signal$WTI$BRENT
Oil prices fell nearly $1 in early Monday trading, retreating from highs not seen in almost six months. U.S. crude futures dropped 0.96% to $102.28 per barrel, while Brent crude slipped 0.8% to $115.79 after both benchmarks gained nearly $3 on Friday. Oil could remain volatile as markets weigh recent supply concerns following Houthi attacks in Saudi Arabia against the latest price pullback.

Bullish strength: 35/100

  • Oil prices remain near elevated levels after reaching almost six-month highs.
  • Houthi attacks in Saudi Arabia previously stoked energy supply concerns.

Bearish strength: 65/100

  • U.S. crude futures fell 0.96% to $102.28 per barrel.
  • Brent crude futures declined 0.8% to $115.79 per barrel.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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