YGRN - Bullish And Bearish Factors In The Crude Oil Market- The Signs Still Point Higher

NYMEX crude oil recently rolled from September to October futures. On August 31, the nearby Brent futures contract rolled from October to the November futures contract.

In late April, nearby WTI futures fell to the lowest price since trading began in the early 1980s when they reached negative $40.32 per barrel. Brent futures declined to a low of $16 per barrel, the lowest level of this century. The last time Brent traded under $16 was in 1999. WTI fell to a price that was over $56 per barrel below Brent because it is a landlocked