All the selling was at the end of the day
WTI crude is stuck inside its recent range but today's fall was disappointing all-the-same. Crude had been flat or slightly lower for much of the day but slumped to $51.59 from $52.30 in the past hour and finishing at a session low.
Here's a three-day chart:
OPEC showed some discord today after Saudi Arabia tried to delay the meeting and the Iran blocked it. They're trying to find a new day now and July 12 looks like a leading contender. The inability to organize a date doesn't bode well for cooperation
